Fine Dining Indian Restaurant in Middlesex For Sale

Situated in a parade, main road trading position, MIDDLESEX,

Turnover £ 4,000
Price £79,500

Features

Most Attractive Fine Dining Indian Restaurant

6 DAYS OPENING
FORECOURT FOR 10/12 PEOPLE
5 STAR HYGIENE RATING

Bi-FOLD RESTAURANT PREMISES in the region of 715 ft² WITH CANOPY, wood strip floor, spot lighting and Hanging lights. Bar with undercounter drinks display fridge (glass fronted upright double-door), wine cooler (glass fronted), EPOS till, CCTV system (7 cameras, 1 monitor).

Tables and chairs providing seating for 32 People.

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 6-burner), deep fryer (2 pan), 2 double door freezer, 2 double door table top fridge, small freezer.

Toilet with w.c. and wash hand basin.

Basement, used for storage purposes 2 x deep freezers.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (25% via Portals)

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

6 Day week
TUESDAY - SATURDAY 5pm - 9pm
SUNDAY 4pm - 8.30pm

Outside

Rear yard with Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2016 with reviews every 3 years (next review 2028) at a current rent of £16,600 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote