Studio bed Bar/Restaurant For Rent For Sale in LU7

Curry Garden & Horseshoes, Leighton Buzzard, LU7

£625,000

Features

Bar/Restaurant
Studio
1 bathroom(s)
0 receptions
0.00 sqm
No

Description

£625,000 Curry Garden & Horseshoes, Leighton Buzzard, LU7

The business has been owned by the current client since 2011 as a Free-house and Indian restaurant serving authentic cuisine and catering for private functions. The business has been run by a family team and has a loyal customer base.  

This is a rare opportunity to acquire a potential building plot (STP)

Planning permission has now been granted for a 2 X 1 Bedroom Flats to be used for Bed & Breakfast purposes  

Planning Application: CB/21/00119/FULL

Ground Floor

Bar Area - 30 covers

Restaurant - 60 covers

Function Room - 40 covers

Beer Cellar

Storage

Other Floors

Ancillary areas include:

Staff facilities

Dry store

Fully fitted commercial kitchen with walk in cold room/chiller

Ladies, Gents & Disabled WC

Storage facilities

Letting & Accommodation

Self-contained apartment on the first floor, comprised of:

Lounge, Kitchen

Two double bedrooms

Bathroom

The accommodation is currently held on a short hold tenancy agreement with an annual income of £9,660.

External Details

Customer parking for approximately 12 cars.

Customer garden, Private garden

Staff

The business can be offered vacant.

 

Trading Information

While we do not have access to any other Profit & Loss Accounts, we have been advised that the vendor enjoys a good turnover, and full details of which will be discussed upon inspection.

Trading Hours

Current trading hours:

Tuesday to Saturday 5pm to 11pm

Sunday 12pm to 10.30pm

Development Potential

Planning permission has now been granted for a 2 Bedroom Flat

Planning Application: CB/21/00119/FULL

Business Rates

The rateable value is £10,500 for the year commencing April 2010 following the new Rates Rural Relief Scheme, the rates payable for 2016/2017 is £2609.25.

Regulatory

The property has a Premises Licence granted by the relevant Local Authority. It is a requirement of the Licensing Act 2001 that properties serving/retailing alcohol have to have a Designated Premises Supervisor who must be the holder of a Personal Licence.

Prospective purchasers are advised

View EPC report

Features

Floorplan

EPC

No EPC chart found