Contemporary Indian Restaurant in Surrey For Sale

Situated in a parade, excellent main road trading position, opposite Cinema and close to the town centre, SURREY.

Turnover £ 6,000
Price £120,000

Features

Contemporay Licensed Indian Restaurant

5 STAR HYGIENE RATING

CANOPY WITH COUTSIDE SEATING.

DOUBLE FRONTED PREMISES, in the region of 420 ft², CCTV (3 cameras), laminated flooring, plasterboard ceiling with spotlights.

Tables and chairs seating 34 customers.

BAR - Electric cash register, draft beer pump, under counter fridge, wash hand basin.

First Floor

Ladies' and gentlemen's cloakroom each with toilet and wash hand basin


Stairs to basement in the region of 475 ft²;

KITCHEN - Stainless steel extractor, 7 burner hob, Tandoori oven, heated cabinet, single basket deep fat fryer, 2 microwaves, blenders, chest fridge, chest freezer, stainless steel preparation table, double sink and drainer, etc.

STORE ROOM with shelves, 2 chest freezers, large single door freezer, 2 large single door fridges.

BATHROOM - Bath (shower over), toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 4 full time and 2 part time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 5.30 p.m. - 7 p.m.

Accommodation

The SPACIOUS living accommodation comprising MAISONETTE over with:

2 Bedrooms (1 large double plus 1 smalldouble)
Bathroom with bath, w.c. & wash hand basin

On the first floor - 2 Bedrooms (1 large double plus 1 small double)
Bathroom with bath, w.c. & wash hand basin

On the ground floor -

In addition to the maisonette there is a SELF CONTAINED STUDIO FLAT comprising:

Kitchen / Diner
Bedroom
Shower & w.c.

It should be noted that the flat could be let on a shorthold tenancy and provide a rental income of £1,250 per month.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £30,000 p.a.

Business Rates from April 2025 £800 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND OFFERED FOR SALE DE TO FAMILY COMMITMENTS

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