Search more Indian Restaurants for sale in South London
Reference R9114

Indian Restaurant in South London For Sale

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

Register to see map and to make an appointment End of terrace, busy road, residential & commercial area SE LONDON

Turnover 3,000
Price 27,000

Features

Attractive Single Fronted Licensed Restaurant

We understand trading as Indian cuisine since 1961, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

ATTRACTIVE SINGLE FRONTED RESTAURANT recently refurbished & partly newly equipped. Ceiling lighting. Tables & chairs providing seating for 35 persons (can be increased to accommodate up to 50 persons if desired. BAR with fridge.

Newly fitted ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LEVEL KITCHEN with quarry tiled floor, plastic cladding to walls, stainless steel extractor, Tandoori oven, 8-burner gas cooker, 5 fridges, 1 deep freezer, double sink & drainer etc.

Storage area

Turnover

WE ARE INFORMED the turnover is in the region of 3,000/3,500 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present operated under management. Staff employed. Restaurant area 1 full time manager plus 1 full time & 1 part time waiter. Kitchen area 1 chef, 1 Tandoori chef, 1 cook.

Trading Hours

Sunday - Thursday inclusive - 5 p.m. - 10.30 p.m.
Friday & Saturday - 5 p,m. - 11 p.m.
In our opinion there is potential to introduce lunch time opening, if desired

Outside

Small yard at rear

Tenure

We understand the landlady, subject to satisfactory references, is prepared to grant a new 15/20 years full repairing and insuring lease at a rental of 20,800 p.a. excusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 27,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 13,500 (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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