Indian Restaurant in Ferndown For Sale

Situated in a parade, main road trading position, DORSET FERNDOWN

Turnover £ 4,000
Price £100,000

Features

Most Attractive Licensed Restaurant

CAR PARKING IN FRONT OF PARADE PROVIDING FREE PARKING FOR CUSTOMERS

Established for the past 10 years as Indian cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

ATTRACTIVE DOUBLE FRONTED RESTAURANT fully carpeted, attractive hanging lighting. Air conditioning. Tables & chairs providing seating for 34 persons. BAR with 1 hand pump, upright glass fronted fridge for wines & beers.

LEVEL KITCHEN with tiled floor, plastic cladding to walls, stainless steel extractor plus stainless steel cladding to walls (cooking area), Tandoori oven, 12-burner gas cooker with double oven, 2 single door stainless steel fridges, 1 double door stainless steel fridge, upright glass fronted fridge, chest deep freezer, 2 small upright deep freezers, double sink & drainer.

Turnover

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The Restaurant is at present operated by the vendor with the assistance of 1 head chef, 1 Tandoori chef, 1 kitchen porter. Restaurant area 2 waiters.

Trading Hours

12 noon - 2 p.m. & 5.30 p.m. - 11 p.m. seven days per week

Accommodation

Available as an optional extra is a SELF CONTAINED FLAT over at on a shorthold tenancy at a rental of £750 per month. The accommodation comprises:

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

Outside

Included with the shorthold tenancy is a garage at rear

Tenure

We understand the restaurant premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £11,500 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £3,400 p.a. approx.

THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote