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Situated in a parade, main road trading position, residential and commercial area, SURREY (Please register to make appointments and view addresses)

Outstanding opportunity to acquire a superbly fitted Licensed Restaurant old established as Indian cuisine which could obviously be continued and in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Service road in front of parade with no parking problems

ATTRACTIVE LICENSED RESTAURANT with woodstrip floor, air conditioning, inset spotlighting. New wooden bar, mirror-backed shelving, 4 hanging lights. Quality new tables and chairs providing seating for 40 persons.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Level kitchen, new tiled floor and tiled walls, all newly equipped including Tandoori oven, 9-burner gas stainless steel cooker, stainless steel upright fridge, stainless steel centre table, 1 commercial microwave oven, double sink and drainer, wash hand basin, multi point hot water system.

WE ARE INFORMED the turnover currently averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65/70% approx.

The Restaurant is at present operated mainly by staff with 1 full time manager, 1 full time waiter, 2 full time plus 1 part time kitchen staff. It will be appreciated upon inspection that with more active owners, the wage bill could be reduced.

12 noon - 2.30 p.m. & 6 p.m. - 11 p.m. seven days per week

The spacious living accommodation in the form of a SELF CONTAINED MAISONETTE over, all in VERY GOOD CONDITION, with FULL DOUBLE GLAZING and FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
Large Lounge
Kitchen with fitted units
1 Double Bedroom

Stairs to Second Floor providing
2 Double Bedrooms plus 1 single bedroom
Bathroom with bath, w.c. and wash hand basin (new suite)

It should be noted that the present owner lets the 3 bedrooms on the second floor plus 1 of the rooms on the first floor on shorthold tenancies to providing a rental income of £1,470 per month.

Large yard.
2 Store sheds, 1 with 2 chest deep freezes, 1 fridge, shelving
Garage also used for storage purposes

We understand the premises are held on a secure renewable lease having approximately 18 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £3,200 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED RESTAURANT WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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