Licensed Indian Restaurant in Twickenham For Sale

Situated in a parade, busy road, MIDDLESEX TWICKENHAM

Turnover £ 4,500
Price £120,000

Features

Licensed Indian Restaurant

DOUBLE FRONTED PREMISES in the region of 975 ft². Woodstrip floor, ceiling with hanging lighting. Air conditioning with hot air. Bar, EPOS till. Tables and chairs providing total seating for 50 persons.

KITCHEN. Stainless steel extractor unit, Tandoori oven, 8-burner gas cooker, hotplate, 2 fridges, 2 freezers, stainless steel preparation table, double sink and drainer.

Storeroom

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

Basement in the region of 260 ft² with tables and chairs providing seating for 25 persons.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a gross profit of 65% approx. (40% DELIVERY)

Staff

The business is at present operated by the 2 partners with 2 full time & 4 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 5.30 p.m - 11 p.m
SUNDAY 4 p.m - 10 p.m

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2016 with reviews every 5 years (next review 2026) at a current rent of £22,000 p.a.

Business Rates from April 2022 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote