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Modern Indian Restaurant in Croydon for sale

Reference R1453

Modern Indian Restaurant in Croydon for sale

Register to see map and to make an appointment Situated in a parade, busy road, SURREY

Turnover 4,000
Price 95,000

Features
Superbly Fitted Licensed Modern Indian Restaurant

SPACIOUS & IMPRESSIVE RESTAURANT with new shop front and newly fitted in November, 2007. Attractive tiled floor, ceiling inset lighting. 2 air conditioning/heating units. Tables and chairs providing seating for 60 persons. Bar with 1 hand pump, optics. Reception area with seating for customer's waiting in respect of takeaway.

Disabled/ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin

Level kitchen with stainless steel cladding to walls, non-slip floor, Tandoori oven, 12-burner gas cooker with 2 ovens, stainless steel extractor unit, 1 commercial plus 1 domestic microwave oven, 1 double door stainless steel fridge, 2 chest deep freezes, stainless steel tables, double sink and drainer, wash hand basin etc.

Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages 4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Staff
The Restaurant is at present operated by 2 partners with the assistance of 2 head chefs, 2 cooks. Restaurant area 2 waiters plus 1 part time bar staff at weekends. 1 delivery person.
Trading Hours
Monday - Saturday inclusive - 6 p.m. - 11 p.m.
Sunday opening - 12 noon - 4 p.m. & 6 p.m. - 11 p.m.
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of 14,250 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 2,500 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED RESTAURANT WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT Subject to status, you can borrow up to 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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