Situated in a parade, excellent trading position, SURREY
Outstanding opportunity to acquire a spacious Licensed Restaurant, at present Indian cuisine, which could obviously be continued, and indeed, in view of the excellent trading position in our opinion there is potential for other types of cuisine, if desired.
Spacious Restaurant, air conditioned, with attractive wood strip floor. Tables and chairs providing seating for 70 persons. Wall and ceiling lighting. Bar. Reception area with seating for 6 persons.
Large level kitchen with industrial non-slip floor. Well equipped including 1 8-burner gas cooker, 1 6-burner gas cooker, tandoori oven, 1 commercial microwave oven, stainless steel tables, double sink and drainer, wash hand basin, 2 chest deep freezes, 1 upright Fosters deep freeze, 2 upright Fosters fridges etc.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover currently averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
The business is at present operated by the owner with the assistance of 7 full time staff.
We understand the premises are held on a secure renewable lease from a private landlord having 1 years unexpired from September, 2011 at a rental of £21,750 p.a. exclusive of rates for the remainder of the lease. We are advised the vendor is in the process of renewing the lease at terms to be agreed.
Uniform Business Rates: £7,000 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Please call 020 8763 1777 for an appointment to view