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Reference R9047

Indian Restaurant in Surrey For Sale

Indian Restaurant in Surrey For Sale
Indian Restaurant in Surrey For Sale Buy a Indian Restaurant in Surrey For Sale Sell a Indian Restaurant in Surrey For Sale Indian Restaurant in Surrey For Sale for Sale

Register to see map and to make an appointment Sought after position, residential area, SURREY

Price £79,500

Features

Spacious well Fitted Licensed Restaurant

Established by the present owner approximately 35 years ago as Indian cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine including Chinese, Thai, if desired.

SPACIOUS RESTAURANT with woodstrip floor plus tiled area at rear, attractive lighting. 2 air conditioning/heating units. Tables & chairs providing seating for 75 persons. BAR with sink, upright glass fronted fridge, in addition there is a rear BAR with sink, upright 2-door drinks fridge.

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

LEVEL KITCHEN with quarry tiled floor, stainless steel cladding to walls. The equipment includes Tandoori oven, 12-burner gas cooker with 2 ovens, electric oven, 1 domestic microwave oven, 2 fridges, ice cream deep freezer, 2 chest deep freezers, 1 double sink, 1 single sink, wash hand basin etc.

Staff shower room with shower, w.c. & wash hand basin

Turnover

We are advised by the vendor the business enjoyed a lucrative turnover which, we understand, the vendor is happy to discuss on inspection.

Staff

The restaurant is at present operated by the owner with the assistance of 2 full time waiters plus 1 part time waiter. Kitchen area 2 full time chefs, 1 full time cook plus 1 part time kitchen porter.

Trading Hours

7 evenings per week - 5.45 p.m. - 11 p.m.
In our opinion there is potential for lunchtime opening, if desired.

Accommodation

The accommodation situated over the restaurdant does require some refurbushment & moderisation, comprises:

First Floor
Living area
1 Single Bedroom
Large cloakroom with w.c. & wash hand basin (space for shower)

Second Floor
Double Bedroom

Outside

Small garden with store shed

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease in respect of the restaurant with accommodation over at a rental of £28,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates only £680 p.a. approx. (after small business relief)

THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 35 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (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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