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Reference R8747

Indian Restaurant in Suffolk For Sale

Register to see map and to make an appointment Situated end of parade, town centre position & close to bus station SUFFOLK

Turnover 4,500
Price 70,000

Features

Well Equipped Indian Restaurant

DOUBLE FRONTED RESTAURANT, tiled floor, suspended ceiling with ceiling lighting. Tables & chairs providing seating for 36 persons (can be increased). Counter.

OPEN PLAN KITCHEN with tiled floor, tiled walls, stainless steel extractor system, Tandoori oven, 1 stainless steel fridge, 2 additional fridges, 1 12-burner gas cooker with 2 ovens, 2 stainless steel tables, double sink & drainer etc.

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,500 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence.

Staff

The business is at present operated by the vendor with the assistance of 5 full time staff plus 3 additional part time staff at weekends. In addition 2 part time drivers are employed for deliveries.

Trading Hours

5 p.m. - 11 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approxiately 14 years unexpired at a current rental of 16,700 p.a. exclusive of rates. We understand from the present owner that the rent is fixed with no rent reviews for the term of the lease.

Uniform Business Rates: 2,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 35,000 (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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