Restaurant for sale

Straight Bit, Flackwell Heath HP10

Fully Fitted Indian Restaurant For Sale in High Wycombe with 6 Bedrooms

Property id: Rps-23357
Property & business snapshot


Type Fully fitted Indian restaurant with 6 Bedrooms
Location Established village location with strong local customer base
Lease expiry Ending in September 2038 (Inside the 1954 Act)
Rent £47,500 p.a. Exclusive
Rent review Every 5 years with next due in June 2028
Floor area Circa 1,614 sq. Ft
Covers Circa 90 covers
Rateable value 41,250
Business rates payable Circa £15,000 (tbc)
Permitted use Restaurant (Class E)
Annual Turnover Circa £312,000 (circa £6,000/week)
Ancillary Gas, extraction, cold room, three phase & premises licence
Premium £150,000 (Lease and ff&E)

landlord’s requirements

Guarantor required (subject to references)
6 month's rent deposit required (subject to references)
Other usual checks will be carried out
Main details


Situated in the heart of Flackwell Heath, this fully fitted Indian restaurant provides approximately 90-100 covers, offering an established setting for restaurant trade.
The premises benefit from 6 bedrooms providing staff accommodation, together with gas, extraction, a cold room, three phase electricity and a premises licence.
The restaurant has been trading for 3 years and we have been informed that it generates weekly revenue of around £6,000.
The location


Located in the established village of Flackwell Heath, offering a strong local customer base.
The property benefits from an established village setting, surrounded by local amenities and serving the surrounding residential community.
Flackwell Heath provides an attractive location for a restaurant business, with an established local food and hospitality offering.
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.

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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.