Nepalese Restaurant for Sale in Nottinghamshire
Property ID: RPS-22875
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
Fully fitted & well established Nepalese restaurant
Circa 2799.58 sq. ft with 120 covers
Benefits from gas, extraction & premises licence in place
5 Star Hygiene Rating
LANDLORD’S REQUIREMENTS
Guarantor may be required (subject to references)
3- 6 month’s rent deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending December 2034 (Inside LTA 1954 Act)
Rent: £25,000 per annum exclusive
Rent review: Every 5 years
Next rent review: December 2029
Premium: £170,000 (Business, Lease & fixtures and fittings)
THE PREMISES
Internal Area: circa 2799.58 sq. ft
Covers: Circa 120
Benefits from gas & extraction
Premises licence in place
Rateable Value: 24,000
Payable Business Rates: Circa £11,976/annum
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £598,000 per Annum (£11,500/week).
Our client manages the restaurant with 5 full time & 5 part time staff.
THE LOCATION
Nottinghamshire
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
