Authentic Indian Restaurant in Surrey For Sale

Semi-detached property, excellent main road trading position, residential, office and commercial area, Surrey.

Turnover £ 6,500
Price £90,000

Features

Authentic Licenced Indian Restaurant

6 DAYS OPENING
SPONSORSHIP LICENCE
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 760 ft² WITH ELECTRIC CANOPY, laminated strip floor, ceiling with spot lights, Air conditioning with hot air. Bar with 1 tap, dishwasher, sink, under counter drinks display fridge (glass fronted upright double-door). Tables and chairs providing seating for 45 People, CCTV system (9 cameras, 1 monitor).

Kitchen, stainless steel extractor unit, Tandoori oven, stainless steel preparation table, Rational Ovven, Blast Chiller, cooker, 4 fridges, 2 door freezer.

Walkin coldroom
Walkin Freezer.

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

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 65% approx. (70% DELIVERIES)

Staff

The business is at present operated by the Husband & Wife team with 1 full time staff employed.

Trading Hours

6 Day week
TUESDAY - FRIDAY 12 noon - 2pm then 5pm - 10.30 pm
SATURDAY & SUNDAY 12 noon - 10.30pm

Accommodation

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

4 Bedrooms (2 double, 2 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £27,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote