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Thai Restaurant With Bed Flat Hampshire For Sale

Hampshire, UK
Asking Price:
£130,000 Furniture / Fixtures included
Turnover:
£520,000
Net Profit:
Available on request

Licensed thai restaurant with 3 bed flat, sought after 1st & 2nd floor premises, in centre of affluent market town, hampshire. Est. In 1990. Offering authentic thai cuisine. Attractively decorated, air conditioned, 1st floor restaurant seats 60. Well equipped catering kitchen. 3 bed, 2nd floor flat. Run under occasional supervision. Scope to open on sunday. T/o £9,000/£10,000 pw. 20 year lease from nov. 2019 at current rental of £26,400 p.a.x. – Oiro £130,000 + s.a.v. (ref. C.3831)

Property Information

Property:

Leasehold

Lease Terms:

20 year lease from Nov. 2019 at current rental of £26,400 p.a.x.

Leasehold Rent:

£26,400 per annum

Living Accommodation:

The second floor flat is currently occupied by the staff and comprises: an entrance hall/office area, a double bedroom, 2 single bedrooms, a sitting room and a shower room with shower cubicle, toilet, wash hand basin and a washing machine.

Location:

Situated in a walkway between the pretty market town centre and a large pay and display car park.

Premises Details:

• Twin glazed entrance doors from the street, with stairs beyond, give access to a most attractively decorated, first floor restaurant, which has the benefit of both gas fired central heating and 2 wall mounted air condition units
• The restaurant has 17 tables and high-back chairs comfortably accommodate approximately 60 covers
• A contemporary atmosphere is enhanced by two-tone charcoal and grey colour painted walls, gold curtains, gilt framed mirrors and a Karndean wood plank effect floor covering
• There is a well equipped corner bar/servery that includes an Epos till, double door fridge, glass washer and a wash hand basin
• In addition, there is a carpeted area with several stools for waiting take-away customers
• Leading off the seating area there are separate, well-appointed ladies’ and gentlemen’s toilet facilities
• To the rear of the bar/servery there is a still area that has the benefit of: a service hatch to the adjoining kitchen. The still area includes a wine fridge, a coffee maker, a microwave oven and 2 small freezers
• The well equipped catering kitchen includes: a 2-pan deep fryer, 2x3-burner woks, 4 microwave ovens, extraction hood, stainless steel preparation tables and a wash-up area with commercial sink unit and a wash hand basin
• The second floor flat is currently occupied by the staff and comprises: an entrance hall/office area, a double bedroom, 2 single bedrooms, a sitting room and a shower room with shower cubicle, toilet, wash hand basin and a washing machine.
• Also on the second floor there is a shelved store room that includes 6 freezers and a fridge
• Car parking facilities are located nearby, as well as a bin area

Energy Performance Rating:
C

Business Operation

Expansion Potential:

Scope to open on Sunday.

Reasons for selling:

Retire from trade.

Trading hours:

Open for lunch and dinner, Monday to Saturday. Closed Sunday.

Employees:
3 full-time and 4 part-time.
Years established:
31 years

Contact Andrew Greenwood

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