SOLD
Tulsi Indian Restaurant
51 High Street
Holywood
BT18 9AB
Lease, Goodwill, Fixtures and Fittings
LOCATION / DESCRIPTION
Currently trading as Tulsi Indian Restaurant, this large ground floor unit is situated in the heart of Holywood town centre close to the Maypole junction and opposite Tesco Express.
It is well finished to include solid floor covered with tiles, plastered and painted walls, air conditioning, alarm system, with seating for c.66 covers.
Viewing: By appointment with sole agents
+44 (0)28 9131 3830
Click here to download a pdf brochure
ACCOMMODATION
TOTAL ACCOMMODATION c.1,679 sq.ft. (156 sq.m.)
PRICE: Offers around £52,500 excl. to acquire the leasehold interest (plus stock at valuation)
LEASE DETAILS
LEASE: 10 years from 10th January 2017.
RENT: £25,000 p.a.
TUPE
Full details will be provided to prospective purchasers as the purchaser will be required to comply with the relevant legislation in respect of the employees.
BUSINESS
The owners have operated this successful restaurant since the extensive refurbishment of the building in 2017. They have built up a strong and steady business supported by trading accounts. The business is closed during the day and also all day Monday allowing the purchaser to expand and develop the business further.
VAT: Applicable to above.
RATES:
NAV – £21,700
Rates payable 2023/24 – £11,756
EPC:
B-50