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Reference R8170

Indian Restaurant in Ross-on-Wye For Sale

Indian Restaurant in Ross-on-Wye For Sale
Buy a Indian Restaurant in Ross-on-Wye For Sale Sell a Indian Restaurant in Ross-on-Wye For Sale Indian Restaurant in Ross-on-Wye For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, HEREFORDSHIRE. ROSS-ON-WYE

Turnover £ 3,500
Price £45,000

Features

Well Fitted Licensed Indian Restaurant

IMPRESSIVE SPACIOUS SINGLE FRONTED RESTAURANT with laminated strip floor, ceiling lighting. Tables & chairs providing seating for 54 persons. BAR with 1 hand pump, under-counter fridge. In addition there is a counter for hot food takeaway, upright fridge.

REAR KITCHEN with non-slip floor. The equipment includes Tandoori oven, 9-burner gas cooker, 1 single gas burner, 3 fridges, 1 upright deep freezer, 2 chest deep freezers, double sink & drainer etc.

Ladies'/diabled cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor with the assistance of 4 full time & 1 part time staff.

Trading Hours

5 p.m. - 11.30 p.m. seven evenings per week

Outside

Rear garden

Tenure

We understand the premises are held on a secure renewable lease having approximately 12 years unexpired at a current rental of £18,000 p.a. exclusive of rates with rent reviews every 5 years. (We understand from the present tenant that no increase was requested at the last rent review).

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (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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