Indian Tapas Restaurant in Bedfordshire For Sale

Situated in a parade, town centre & close to railway station, BEDFORDSHIRE

Turnover £ 12,000
Price £90,000

Features

Renowned Indian Tapas Restaurant

5 STAR HYGIENE RATING

SINGLE FRONTED AIR CONDITIONED PREMISES in the region of 2,250 ft² WITH ELECTRIC SHUTTERS, CCTV (14 cameras), Karndean flooring, plasterboard ceiling with LED spotlights,

Customer greeting area.

Tables and chairs for 85 customers.

Bar - Cash register, 2 draft beer pump, under counter fridges, ice machine, glass washer, wash hand basin, mirror backed shelving.

Separate Kitchen - Stainless steel extractor, 6 burner hob, tandor oven, double basket deep fat fryer, Rationale oven, stockpot, dough mixer, microwave, 3 chest freezer, 3 undercounter fridges, dishwasher, double sink and drainer, stainless steel preparation tables, etc.

Walkin cold room

Office.

Storage.

Stairs to BASEMENT in the region of 150 ft²

Ladies cloakroom with toilet and wash hand basin.
Gentlemen's cloakroom with toilet and wash hand basin.

Storage.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £12,000 p.w. with a Gross profit of 60% approx. (25% Delivery)

Staff

The business is at present operated by the vendor with 4 full time and 5 part time staff.

We are informed the wage bill averages £3,750p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 10.30 p.m.

Tenure

We are advised the Landlord is prepared to grant, to an approved applicant A NEW 15 YEARS LEASE with reviews every 3 years at an initial rent of £47,000 p.a..

N.B. The new lease will prohibit the sale of alcohol.

Business Rates from April 2025 £8,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote