Restaurant for sale

Siam House, 195 Loughborough Road, West Bridgford, Nottingham, United Kingdom, NG2 7JR

Under Offer £450,000

Property Description

Commercial information

  • Business for sale

Key features

  • Prominently sited suburban restaurant
  • Affluent residential location
  • Ground floor restaurant (20)
  • First floor function room (50)
  • Adjusted net profit c.75,000
  • Suitable for alternative uses (STPP). Energy Rating D

Full description

Tenure: Freehold

Description

A two storey corner property of traditional brick construction, located in the affluent Nottingham residential suburb of West Bridgford.

Currently offering speciality cuisine, the business would suit a variety of uses including alternative restaurant, takeaway or retail use (STP).

The property sits in a prominent corner position on the A60 Loughborough Road and benefits from dedicated car parking.

Location

The property is situated on the A60 Loughborough Road, which represents an arterial route into Nottingham city centre from the south.

The property is surrounded by a mix of commercial and residential premises.

Nottingham is easily accessible via the M1 motorway. The city is widely regarded as being the regional capital of the East Midlands. Leicester is situated approximately 30 miles to the south, Derby 15 miles to the west and Sheffield is 35 miles to the north.

East Midlands Airport, one of the UK's busiest cargo airports is situated 12 miles away and the city has over 30 trains per day travelling to and from London.

Ground Floor

• Restaurant (20) - with bar servery
• Commercial catering kitchen - well equipped with a cold room
• Disabled WC

Other Floors

First Floor
• Function room (50)
• Ladies and gents WCs
• Service room - with dumb waiter

Second Floor
• Currently unused with potential to convert to owner's accommodation

Fixtures & Fittings

We understand that the trade fixtures and fittings are owned outright and will be included within the sale.

External Details

• Two parking spaces and a garage.
• Frontage to two roads providing potential for outside seating.

The Opportunity

A well presented and located restaurant with potential for various uses.

Trading Information

The business produces an adjusted net profit in the region of £75,000.

Further trading information will be made available to seriously interested parties who have viewed the business premises and have signed a Confidentiality Agreement.

Business Rates

We have made enquiries from the Valuation Office website and understand that the rateable value is £12,000 from 01 April 2017.

Regulatory

Premises Licence.


More information from this agent

Nearest stations

  • Nottingham (1.7 mi)
  • Station St (1.7 mi)
  • Lace Market (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Nottingham

Suite 402 Bridlesmith House 38 Bridlesmith Gate, Nottingham, NG1 2GQ

0115 798 0493 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Nottingham (1.7 mi)
  • Station St (1.7 mi)
  • Lace Market (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Nottingham

Suite 402 Bridlesmith House 38 Bridlesmith Gate, Nottingham, NG1 2GQ

0115 798 0493 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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