07 September 2008

Going East in Twyford

An Indian restaurant in a prominent part of Twyford, Berkshire has been purchased by a private restaurateur through licensed leisure specialist AG&G. 

As AG&G director Anthony Alder points out: “The sale of the 3,000 sq ft property demonstrates the strength of demand from private restaurateurs, rather than chains, for provincial restaurants.” 

The restaurant, which is currently closed, will re-open under the new lessee in three months. The property was sold for a passing rent of £35,000 per annum. 

For more information on this or other property deals, please contact Anthony Alder, James Grimes or David Gooderham on 0207 836 7826.

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

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