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Reference R7997

Indian Restaurant in Warlingham For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, sought after residential area, SURREY. WARLINGHAM

Turnover 5,500
Price 105,000

Features

Spacious Licensed Restaurant

Service road in front of parade providing customers' car parking

Established as Indian cuisine which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

SPACIOUS SINGLE FRONTED RESTAURANT with woodstrip floor, attractive ceiling with inset LED lighting, wall lighting. 4 air conditioning units. Reception/waiting area with sofa providing seating for customers awaiting takeaways. SPACIOUS RESTAURANT AREA with tables & chairs for 65/70 persons.

Ladies'/disabled cloakroom with 2 w.c's, 2 wash hand basins
Gentlemen's cloakroom with urinal, w.c. & wash hand basin

LARGE LEVEL COMMERCIAL KITCHEN with quarry tiled floor. The equipment includes stainless steel extractor, Tandoori oven, 10-burner gas cooker with oven, 2 microwave ovens, 3 stainless steel tables, 3-door stainless steel counter fridge, walk-in coldroom etc.

Turnover

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

Staff

At present operated by the vendor with the assistance of 3 full time waiters plus kitchen area 4 full time staff.

Trading Hours

Sunday - 12 noon - 10 p.m.
Monday - Thursday inclusive - 12 noon - 2.30 p.m. & 5.30 p.m. - 11 p.m.
Friday & Saturday - 12 noon - 11.30 p.m.

Accommodation

The SPACIOUS living accommodation comprises:

4 Bedrooms (1 very large double, 2 additioanl doubles, 1 single)
Shower room with shower, w.c. & wash hand basin
Kitchen

The first floor area comprising 2 rooms is at present let on a shorthold tenancy & provides a rental income of 800 per month, however we understand that vacant possession can be given on completion, if required.

Outside

Service road at rear of parade

Tenure

We understand the entire premises are held on a secure renewable lease the present lease having approximately 15 years unexpired at a rental of 30,000 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 52,500 (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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