FinanceYou can borrow
£ 60,000 (lease)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Spacious Superbly Fitted Licensed Restaurant for Sale
Excellent trading position, MAJOR SURREY TOWN
Features
At present Indian cuisine which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.
IMPRESSIVE & SPACIOUS LICENSED RESTAURANT with part woodstrip floor and part ceramic tiled floor, ceiling with inset lighting. Quality tables and chairs providing seating for 90 persons. Attractive bar with hand pump, glass mirror-backed shelving, 2 single door glass fronted counter fridges, 1 double door glass fronted counter fridge, Wega 2 group coffee machine, coffee grinder, sink, glass fronted deep freeze.
Disabled cloakroom with w.c. and wash hand basin
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 2 urinals, w.c. 2 wash hand basins
SPACIOUS OPEN PLAN KITCHEN, fully equipped including 6-burner gas cooker, stainless steel extractor unit, 2 stainless steel fridges etc.
First floor storeroom
Walk-in coldoom
Office
Turnover
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Staff
The Restaurant is at present operated by the vendor on a part time basis with the assistance of family help. In addition staff employed 1 part time manager, 1 part time assistant manager plus 1 part time waiter. In addition additional part time staff employed at weekends when required.
9 Bedrooms (6 doubles, 3 singles)
Bathroom with bath, wash hand basin
Separate w.c.
Outside
Spacious rear paved patio area with tables and chairs providing seating for 40 persons. In our opinion ideal for barbeques or shisha, if desired.
Tenure
We understand the premises are held on a secure renewable lease for a period of 15 years from November, 2008 at a rental of £36,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £18,000 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED & SPACIOUS QUALITY RESTAURANT IN THIS SOUGHT AFTER LOCATION.
RECOMMENDED FOR EARLY INSPECTION
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing
Please call 020 8763 1777 for an appointment to view