Licensed Indian Restaurant in Kent For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, Kent.

Turnover £ 12,000
Price £150,000

Features

Licensed Indian Restaurant & Takeaway

5 STAR HYGIENE RATING

SINGLE FRONTED RESTAURANT in the region of 630 ft² laminated strip floor, spot light & hanging lights, Air conditioning with hot air. Bar with 1 draft, EPOS till, under counter fridge, CCTV system (3 cameras, 1 monitor).

Tables and chairs providing seating for 20 People.

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 9-burner), Deep fryer, hot plate, double sink and drainer, fridge, 2 freezers.

Stock room.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £12,000 p.w. with a Gross profit of 65% approx. (£7,000 via portals)

Staff

The business is at present operated by the vendor with 3 chefs and full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 5pm - 11pm

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2021 with reviews every 5 years (next review 2031) at a current rent of £15,000 p.a. + VAT

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote