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Reference R7782

Indian Restaurant in Epsom For Sale

Indian Restaurant in Epsom For Sale
Buy a Indian Restaurant in Epsom For Sale Sell a Indian Restaurant in Epsom For Sale

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

Turnover 5,000
Price 65,000

Features

Well Fitted & Spacious Licensed Restaurant

Service road in front of parade

AMPLE CUSTOMERS' PARKING in front plus adjoining side road

At present well established as South Indian cuisine which can obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

IMPRESSIVE & SPACIOUS SINGLE FRONTED RESTAURANT with Karndean floor, Ceiling lighting plus 2 chandeliers. 2 air conditioning/heating units. Tables & chairs providing seating for 54 persons. BAR with shelving, sink.

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

LEVEL KITCHEN with quarry tiled floor, tiled walls, 3 sinks with drainers, 2 double door stainless steel fridges, 1 upright deep freezer, Tandoori oven, large solid topped gas cooker with double oven, 8-burner Chester cooker with 2 ovens, stainless steel tables etc.

Large wooden storeroom with concrete floor & racking.

Turnover

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

Staff

The Restaurant is at present operated by the vendor with 2 waiters plus 2 part time waiters on Friday & Saturday. Kitchen area 2 chefs, 1 kitchen porter plus 1 part time staff at weekends.

Trading Hours

Sunday - Thursday inclusive - 12 noon - 3 p.m. & 6 p.m. - 11 p.m.
Friday & Saturday opening - 12 noon - 3 p.m. & 6 p.m. - 11.30 p.m.

Accommodation

The SPACIOUS living accommodation which in our opinion has potential for sub-letting if not required for personal use comprises:

2 Double Bedrooms plus 1 single bedroom
Bathroom with bath, w.c. & wash hand basin

Second Floor
Additional Double Bedroom

Outside

Service area at rear for deliveries

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 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 4,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,500 (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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