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Reference R8729

Indian Restaurant in South London For Sale

Indian Restaurant in South London For Sale

Register to see map and to make an appointment Situated in a parade, main road trading positiion, sought after SOUTH WEST LONDON LOCALITY SURREY

Turnover 4,500
Price 49,500

Features

Licensed Indian Restaurant

We understand the restaurant has been Indian cuisine for approximately 30 years, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

DOUBLE FRONTED RESTAURANT carpeted,wall lighting. 1 air conditioning/heating unit. Tables & chairs providing seating for 48 peersons. BAR with glass fronted counter fridge.

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

LEVEL KITCHEN with tiled floor, tiled walls. Stainless steel extractor, Tandoori oven, 6-burner gas cooker, stainless steel tables, double sink & drainer.

Turnover

WE ARE INFORMED the turnover averages 4,500/5,000 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands.

Staff

Operated by the vendor with the assistance of kitchen 1 chef, 1 Tandoori chef, 1 cook, 1 kitchen porter. Restaurant area 3 full time waiters. In addition 2 drivers are employed for deliveries.

Trading Hours

5.30 p.m. - 11.30 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of 19,000 p.a. exclusive of rates for the next 1 year with rent to be agreed thereafter.

Uniform Business Rates: 6,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,750 (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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