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Melton Road, Leicester, LE4 Restaurant For Sale in Leicester

£280,000 Business lease for sale

Property reference: MER-1HMH13HY83B
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Property overview

Introduction

Rathods are pleased to offer this well established FULLY LICENSED BAR / GRILL & FUNCTION ROOM TO LET (BUSINESS LEASE FOR SALE), situated on the heart of Melton Road. Nearby business include, Shops, Restaurant, Video Shop and Boutiques.

Description

Rathods are pleased to offer this well established FULLY LICENSED BAR / GRILL & FUNCTION ROOM TO LET (BUSINESS LEASE FOR SALE), situated on the heart of Melton Road. Nearby business include, Shops, Restaurant, Video Shop and Boutiques. The current business has been successfully trading now with an excellent reputation and reviews. This vibrant restaurant is located within a prominent trading position on Melton Road in Leicester City Center. The restaurant has a seating capacity of for 150 covers & Function room has a seating capacity of for 150/180 covers. The restaurant benefits with private car park to rear for 8 vehicles. Bar licence till 2:00 am for restaurant & function room . Sponsorship licence is available for transfer.

CURRENT RENT: £35,000 P.A.

PLUS GOODWILL / F&F : £280,000

LEASE TILL: 2034

RENT: £35,000 TILL 2023

RENT: £40,000 TILL 2027


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Features

  • BUSINESS LEASE FOR SALE
  • WELL ESTABLISHED FULLY LICENSED BAR / GRILL & FUNCTION ROOM
  • AN EXCELLENT REPUTATION & REVIEWS
  • RESTAURANT COVERS 150
  • FUNCTION ROOM COVERS 150 / 180
  • BAR LICENSE TILL 2:00 A.M.
  • PRIVATE CAR PARK TO REAR FOR 8 VEHICLES
  • RENT: £35,000 P.A.
  • GOODWILL / F & F: £280,000
  • OPENING HOURS: 5:00PM - 11:00PM TUESDAY - SUNDAY

Parking

  • Off Street

Entrance Floor

  • Ground Floor

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