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Reference R3679
Turnover £ 5,000
Price
£80,000
Features
Spacious Licensed Restaurant
Established by the present owners as Indian cuisine approximately 6 years ago, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired.
IMPRESSIVE & SPACIOUS DOUBLE FRONTED RESTAURANT carpeted, wall & ceiling lighting. Tables & chairs providing seating for 80 persons. BAR with 1 hand pump, glass fronted single door counter fridge, sink.
Fully tiled disabled/ladies' cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with w.c. and wash hand basin
LEVEL KITCHEN with non-slip floor. The equipment includes Tandoori oven, 9-burner gas cooker, stainless steel tables, stainless steel extractor plus stainless steel cladding to walls, 1 stainless steel fridge etc.
Storeroom with 2 fridges, 1 large chest deep freeze
Turnover
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands.
Staff
The Restaurant is at present operated by 1 of the partners on a full time basis plus 1 additional partner on a part time basis with the assistance in the restaurant area of 2 full time waiters. Kitchen area 3 full time plus 1 part time staff at weekends.
Trading Hours
Evenings only - Sunday - Thursday inclusive - 5.30 p.m. - 11 p.m.
Friday & Saturday - 5.30 p.m. - 11.30 p.m.
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over, comprises:
3 Bedrooms (1 doubles, 2 singles - 1 with en suite shower room with shower, w.c. and wash hand basin)
Bathroom with bath, w.c. and wash hand basin
Fitted Kitchen
Outside
Small courtyard plus garden
Tenure
We undestand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £46,000 p.a. exclusive of rates, with rent revisions.
Uniform Business Rates: £4,900 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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