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LICENSED RESTAURANT / TAPAS BAR - SPANISH / MEDITERRANEAN STYLE CUISINE - PROSPEROUS AREA OF READING, BERKSHIRE
Well sited not far from the river on a busy road in a prosperous suburb of the Berkshire Thameside Town of Reading.
PREMISES: Single Fronted Restaurant (well-furnished and decorated with some 54 covers, French doors to the rear leading out to a patio sundeck with al fresco seating for a further 16 covers in the summer).
Lower Ground Floor:- Fully Fitted Kitchen. Ladies & Gents Cloakrooms.
LEASE: A new lease for a term of 15 years from March 2016 at a rent of £24,000 per annum subject to 3 yearly reviews.
THE BUSINESS: We are advised that Takings currently average around £3,500-£4,000 weekly with good ratios of profit. Currently Spanish cuisine.
Run by working owner together with his son, a full time kitchen assistant and part time waiting assistants at busy periods.
Hours of Trading:- 10.00a.m. to 3.00p.m. & 6.00p.m. to 11.00p.m.
Price required for goodwill, lease, tenant’s fittings, fixtures & equipment, etc. £49,500 STOCK EXTRA AT VALUATION - PRICE NEGOTIABLE - OFFERS INVITED
Prosperous area of Reading, Berkshire.
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