FinanceYou can borrow
£ 24,500 (lease)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Most Attractive well Fitted Licensed Indian Restaurant for Sale
Situated in a parade, excellent trading position, close to town centre, SURREY
Features
Refurbished by the present owner approx. 3 years ago to a high standard and operated as Indian cuisine, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.
SPACIOUS RESTAURANT with attractive woodstrip floor, ceiling with inset lighting. Air conditioning. Quality tables and chairs providing seating for 64 persons. Bar with hand pump, optics, sink glasswasher, upright glass fronted drinks display fridge.
Fully tiled ladies' cloakroom with w.c. 2 wash hand basins, mirror
Fully tiled gentlemen's cloakroom with w.c. and wash hand basin
Level commercial kitchen with quarry tiled floor. The equipment includes 8-burner Chester cooker, Tandoori oven, 1 large separate burner, 1 domestic microwave oven, 2 stainless steel fridges, ice cream deep freeze, 2 double sinks with drainer, wash hand basin, dishwasher etc.
Large basement ideal for storage purposes with 2 chest deep freezes
Turnover
WE ARE INFORMED the turnover averages £1,000/£1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
Staff
The business is at present operated by the vendor with the assistance of 2 full time chefs plus 1 part time kitchen help. In addition in the Restaurant area 1 full time plus 1 part time staff.
The spacious living accommodation, all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, is arranged on 2 floors, comprising:
First Floor
3 Bedrooms (1 double, 1 single)
Second Floor
3 Additional Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Outside
Small yard area for the rubbish bin
Tenure
We understand the premises are held on a 20 years Council lease from the 26th June, 1997 at a current rental of £18,500 p.a. exclusive of rates. We further understand the rent reviews are every 5 years.
Uniform Business Rates: £5,600 p.a. approx. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED RESTAURANT COMBINED WITH SPACIOUS LIVING ACCOMMODATION IN THIS EXCELLENT TRADING POSITION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing
Please call 020 8763 1777 for an appointment to view
Selling your business?
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