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Reference R8431
Turnover £ 5,000
Price
£85,000
Features
Spacious Licensed Restaurant
Established as Indian cuisine for approximately 4 years, in our opinion the Restaurant offers terrific potential for further development in the right hands.
SPACIOUS RESTAURANT mainly woodstrip floor, ceiling with inset spotlighting plus hanging lighting, stone facia to rear wall. Tables & chairs providing seating for 50.
Customers' cloakroom with w.c. & wash hand basin
Stairs to large basement in our opinion having potential as an additional seating area, if desired.
GROUND FLOOR KITCHEN with tiled floor & tiled walls, 9-burner gas cooker with 2 ovens, double sink & drainer, wash hand basin, walk-in coldroom, stainless steel tables.
Turnover
WE ARE INFORMED the turnover is in the region of £5,000 p.w. including takeaway, in our opinion there is terrific potential for the introduction of deliveries, if desired.
Staff
The restaurant is at present operated by the vendor with in the kitchen area 2 chefs, 1 cook plus 1 kitchen porter. Restaurant area 2 waiters, plus 1 additional waiter at weekends.
Trading Hours
Monday - Thursday inclusive - 4.30 p.m. - 11.30 p.m.
Friday & Saturday - 4.30 p.m. - 1 a.m.
Sunday opening - 12 noon - 11 p.m.
Outside
Shared yard at rear
Tenure
We understand the entire premises are held on a new 25 years full repairing and insuring lease at a rental of £35,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £6,200 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 42,500 (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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