For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures according to your needs.
Set on an elevated site with two entrances, this restaurant extends to over 220m2 and includes a studio apartment (which does need reformed).
At one side, there is an entrance porch which leads to one of the two dining rooms and has an open fire for those cooler days and nights. On the other side, another dining room looks out over the town and has large windows, giving a sense of brightness. The whole restaurant is air conditioned and there are traditional beamed ceilings throughout.
The kitchen is spacious and well equipped with everything needed to service a full and varied menu, whilst the bar is similarly fully equipped with coffee machine, music system, wine fridges etc.
There is a small office area at one end of the bar and another storeroom with freezers, drinks fridges, grill, microwaves and stainless steel shelving.
At full capacity, the restaurant can accommodate 150 customers with six full time staff.
COMMENT: This is a serious proposition for an experienced restauranteur and would suit a family concern.
This enormous family-friendly restaurant has been in the same hands for over 22 years and is much loved by the returning customers.