Halal Indian Restaurant & Takeaway in Gatwick For Sale

Situated in a parade, main road trading position, HORLEY, SURREY GATWICK

Turnover £ 3,500
Price £33,000

Features

Attractive Indian Halal Restaurant with Takeaway Area (we Understand The Premises Have An Alcohol Licence, Not Utilized At Present)

Well established as Indian cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

GROUND FLOOR RESTAURANT with laminated strip floor, wall & ceiling lighting. Air conditioning/heating unit. Tables & chairs providing seating for 34 persons.

Stairs to FIRST FLOOR. (We understand planning permission has been applied for, to convert the first floor into accommodation).

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

GROUND FLOOR LEVEL KITCHEN with tiled floor, tiled walls plus stainless steel cladding to walls (cooking area), stainless steel extractor, Tandooir oven, 8-burner gas cooker, 2 commercial microwave ovens, 4 fridges, 2 deep freezers, double sink & drainer.

Wine Store
Storeroom

Staff w.c.

Turnover

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands, especially with the introduction of alcohol, subject to obtaining the necessary personal licence.

Staff

The restaurant is at present operated by the vendor with the assistance of 8 full time & 1 part time staff.

Trading Hours

12 noon - 2.30 p.m. & 5.30 p.m. - 12 midnight seven days per week

Outside

Yard at rear

Tenure

We understand the premises are held on a 20 years lease from July, 2020 at a rental of £18,000 p.a. with 5 yearly reviews.

Uniform Business Rates: £2,600 p.a. (Please contact local authority to confirm)

The Purchaser is to be responsible for the Landlord's costs.

THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 19 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £33,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 16,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote