FREEHOLD Licensed Indian Restaurant in Shropshire For Sale

Semi-detached property, prominent trading position, residential area, SHROPSHIRE

Turnover £ 5,000
Price £325,000

Features

Freehold Licensed Indian Restaurant

4 STAR HYGIENE RATING

OUTSIDE SEATING FOR 16 PEOPLE (can be increased)

SINGLE FRONTED PREMISES. Carpeted floor, ceiling with spotlights. Air conditioning with hot air. Tables and chairs providing seating for 48 persons. BAR cash register, 3 group coffee machine, 2 glass fronted wine coolers

OPEN PLAN KITCHEN. Stainless steel extractor unit, Tandoori oven, microwave, stainless steel preparation table, 3 large fridges, 4 freezers, etc.

Staff ladies' & gentlemen's toilet with w.c. and wash hand basin

Stockroom / Storeroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by the vendor with 6 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 5pm - 11pm
SUNDAY 5pm - 10.30pm

Accommodation

THE SELF CONTAINED ACCOMMODATION. FLAT with Gas Fired Central Heating, Double-glazed windows, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin

Outside

Parking space for 4 cars.

Tenure

FREEHOLD

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2002 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £325,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 227,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote