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Reference R9836

Impressive Indian Restaurant in Surrey For Sale

Impressive Indian Restaurant in Surrey For Sale
Impressive Indian Restaurant in Surrey For Sale Buy a Impressive Indian Restaurant in Surrey For Sale

Register to see map and to make an appointment Situated in a small parade, excellent trading position, residential, office and commercial area, SURREY

Turnover £ 8,000
Price £140,000

Features

Impressive Indian Fine Dining Restaurant

PREMISES in the region of 1,150 ft²

DOUBLE FRONTED PREMISES. Carpet tiled floor, suspended ceiling with spot lights and hanging lighting. Air conditioning with hot air. Bar, cash register, undercounter fridges. Tables and chairs providing seating for 52 persons.

OPEN PLAN KITCHEN. Stainless steel extractor unit, Tandoori oven, 6-burner gas cooker with oven, stainless steel preparation table, deep freezer, microwave, grill, hot cabinet, walk-in coldroom, etc.

Stock room / Store room.

Ladies' & Gentlemen's toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a gross profit of 65% approx. (20% deliveries)

Staff

The business is at present operated by the manager with 2 waiters, 2 drivers with the assistance of 3 chefs & a porter

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 2pm & 6pm - 11pm
SUNDAY 12 noon - 2pm & 6pm - 10pm

Accommodation

THE ACCOMMODATION in the form of a FLAT with Gas Fired Central Heating, Double-glazed windows, at present let to staff. The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Lounge
Kitchen
Bathroom with shower, w.c. and wash hand basin

Tenure

The private landlords subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 25 years full repairing and insuring lease with rent reviews every 5 years at a rent of £40,000 p.a. for the first 5 years.

Business Rates from April 2021 £16,800 approx. payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010 AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 70,000 (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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