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Summary:
Reference: R3059
Accom: Yes
Turnover: £ 5,000 p.w.
Leasehold: £ 120,000

Finance
You 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.


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Home » Businesses for Sale » Surrey » Fast Food Restaurants » Restaurants » Other Takeaways » Indian Takeaways » Indian Restaurants » Business Details

Advert Ref : R3059

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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.

Opening Hours

CLOSED ALL DAY MONDAY
Tuesday, Wednesday & Thursday - 12 noon - 3 p.m. & 5 p.m. - 11 p.m.
Friday & Saturday - 12 noon - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m.

Accommodation

The SPACIOUS living accommodation comprises:

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

Reference R3059

             

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