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Indian Restaurant and 2-Bed Flat for Sale in Sheffield with Sponsor Licence Available

Sheffield, South Yorkshire, ID 149574

Indian Restaurant and 2-Bed Flat for Sale in Sheffield with Sponsor Licence Available 1
Indian Restaurant and 2-Bed Flat for Sale in Sheffield with Sponsor Licence Available 1
Asking price:
GBP£120 000
Turnover (per year): £338 000 gbp
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Description

PROOF OF FUNDS REQUIRED: All prospective buyers must provide proof of funds before arranging a viewing.MAIN DETAILS2-Bedroom Flat & Sponsor LicenceLocated in an affluent village in SheffieldArea: 1,150.66 sq. ft with approximately 50 coversPremises licence in placeStreet parking availableLANDLORD’S REQUIREMENTSGuarantor may be required (subject to references)Three months’ rent deposit required (subject to references)Other standard checks will be carried outLEASE DETAILSLease: Expires June 2029Option for a new lease (subject to references)Rent: £30,000 per annum exclusivePremium: £120,000 (Business, Lease & fixtures and fittings)THE FLAT (UPPER PART)2-bedroom flat for staff accommodationSeparate rear accessTHE PREMISESArea: circa 1,150.66 sq. ftCovers: circa 50Includes gas and extractionPremises licence in placeThree-phase electricity availableRateable Value: £21,750Payable Rates: Approximately £10,853.25 per annum (may change)THE BUSINESSGross Revenue: Reported at approximately £338,000 per annum (£6,500/week)Managed by the owner with 2 full-time staff and 1 part-time staff memberTHE LOCATIONAffluent village in SheffieldStreet parking availableVIEWINGS & CONFIDENTIALITYAll interested buyers must provide proof of funds to meet the premium and landlord’s requirements.All buyers must sign a Non-Disclosure Agreement due to client confidentiality.Viewings strictly through Restaurant Property Sellers only. Use of the website indicates agreement with Terms & Conditions.DISCLAIMERThe information provided is supplied by the seller and issued without responsibility on the part of the firm. It should not be relied upon as a statement of fact. Prospective purchasers must satisfy themselves regarding the accuracy of all statements. Neither the firm nor its employees have authority to make any representations or warranties in relation to this property.

Details

Real Estate: Lease
Employees (ppl): 3
Square m2: 107
Asking price: 120 000 gbp
Turnover (per year): 338 000 gbp
Rent (per year): 300 000 gbp

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