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WE ARE INFOMRED the turnover averages £2,500/£3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Established as Indian cuisine for approx. 14 years, however, in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.
The Restaurant has been refurbished and newly fitted to a very high standard at considerable expense.
SPACIOUS DOUBLE FRONTED RESTAURANT. Air Conditioned. Fully carpeted. Attractive ceiling with inset lighting plus wall lighting. Quality tables and chairs providing seating for 76 persons (can be increased). Bar with hand pumps, 2 single door glass fronted counter fridges, glasswasher, glass fronted wine fridge.
Ladies' fully tiled cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. urinal, wash hand basin
Commercial kitchen with tiled floor. Fully equipped including 6-burner gas cooker with double oven, Tandoori oven, stainless steel tables, 2 firdges, 1 chest deep freeze, double sink and drainer, dishwasher, ice machine.
Large basement with chest deep freeze, shelving
Staff
The restaurant is at present operated by the vendor with the assistance of 3 full time plus part time at weekends in the restaurant area plus 3 full time in the kitchen.
We understand from the present tenant that there is potential to rent accommodation over from the same landlord, if required.
Tenure
We understand the premises are held on a secure renewable lease from a private landlord having approximately 8 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
