Back to Business List

Outstanding opportunity to acquirea superbly fitted Licensed Restaurant, Indian cuisine. This Restaurant has been in the same hands for the past 20 years and in our opinion offers tremendous potential for further development in the right hands. Situated in an excellent trading position with the advantage of a large car park close by (free parking after 6 p.m).

Modern double fronted shop front to ATTRACTIVE RESTAURANT refurbished approximately 2 years ago, wood strip floor, ceiling with inset lighting. 2 air conditioning units. Tables and chairs providing seating for 52 persons. Attractive bar with 2 hand pumps.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Level kitchen with quarry tiled floor, Tandoori oven, 8-burner gas cooker, 2 microwave ovens, 2 fridges, 1 chest deep freeze.

Storeroom with 2 chest deep freezes

WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

The Restaurant is at present operated by the vendor with in the Restaurant area 2 full time plus 1 part time waiter and in the kitchen area 2 full time chefs, 1 cook plus 1 kitchen porter.

12 noon - 2.30 p.m. & 5.30 p.m. - 11.30 p.m.

The SELF CONTAINED living accommodation at present utilized by staff, comprises:

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin

Yard with 2 car parking spaces

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £27,000 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £4,800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Please call 020 8763 1777 for an appointment to view