Search more Indian Restaurants for sale in North London
Reference R8191

Indian Restaurant in North London For Sale

Indian Restaurant in North London For Sale
Indian Restaurant in North London For Sale Buy a Indian Restaurant in North London For Sale Sell a Indian Restaurant in North London For Sale Indian Restaurant in North London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, NW LONDON

Turnover 5,000
Price 79,500

Features

Fully Equipped Restaurant

In the present owners hands we understand for approximately 14 years & operated as Indian cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

No alcohol is sold at present & in our opinion there is potential to introduce a Restaurant Licence for the sale of wines, beers & spirits, if desired, subject to obtaining the necessary Premises & Personal Licence.

SPACIOUS RESTAURANT with tiled floor, wall & ceiling lighting. Tables & chairs providing seating for 55/60 persons.

Fully tiled ladies' cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with tiled floor, tiled walls plus part stainless steel cladding to walls, 2 stainless steel extractor systems, Tandoori oven, 6-burner gas cooker, 6 fridges, walk-in coldroom, 3 deep freezers, 2 double sinks with drainers

Turnover

WE ARE INFORMED the turnover averages 5,000/6,000 p.w. including takeaway & delivery.

Staff

At present operated by 1 of the partners with the assistance of 1 chef, 2 assistant chefs, 1 kitchen porter. In addition 1 waiter is employed.

Trading Hours

12 noon - 11 p.m. seven days per week

Outside

Covered yard at rear with rear access

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of 23,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 10,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE 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

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