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Situated busy road densely populated residential area LONDON, SW (Please register to make appointments and view addresses)

Outstanding opportunity to acquire a Detached Licensed Restaurant previously a Public House and recently refurbished and refitted at considerable expense. At present trading as Indian cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.

Full Gas Fired Centreal Heating

Entrance to Ground Floor Restaurant with slate tiled floor, ceiling with inset lighting. Tables and chairs providing seating for 36 persons (can be increased). Reception Bar, glass shelving.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. 3 urinals, wash hand basin

Large kitchen with industrial non-slip floor. The equipment includes 6-burner gas cooker, additional 6-burner gas hob, hotplate, double sink and drainer, walk-in coldroom, walk-in deep freeze, wash hand basin

Storeroom

In addition there is a large basement

WE ARE INFORMED the turnover currently averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

The business is at present operated by 1 full time manager with the assistance of 2 full time chefs plus 2 full time waiters.

5.30 p.m. - 11 p.m. seven evenings per week

The SPACIOUS living accommodation is at present let on a shorthold tenancy and provides a rental income of £2,300 per month, however, we understand vacant possession can be given on completion. The accommodation with separate FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
Spacious Kitchen/Dining Room
2 Double Bedrooms
Cloakroom with w.c. and wash hand basin

Second Floor
Large Lounge
2 Additional Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin

We understand the premises are held on a secure renewable lease, the present lease having 8 years unexpired from January, 2009 at a rental of £30,000 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.

Uniform Business Rates: £7,500 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED LICENSED RESTAURANT COMBINED WITH SPACIOUS LIVING ACCOMMODATION IN THIS SOUGHT AFTER LOCALITY.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT