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Reference R9764
Situated in a parade, excellent trading position, residential, office and commercial area, MIDDLESEX
Turnover £ 4,500
Price
£85,000
Features
Licensed Indian Restaurant (slight Delivery)
6 DAYS OPENING
DOUBLE FRONTED PREMISES in the region of 975 ft². Wood strip floor, suspended ceiling with spotlights. Air conditioning with hot air. Tables and chairs providing seating for 65 persons. BAR, optics, hand pumps, glass fronted wine cooler, cash register.
KITCHEN, stainless steel extractor unit, Tandoori oven, 6-burner gas cooker with oven, hotplate, 1 fridge, 3 deep freezer, commercial microwave oven, preparation table.
Walkin coldroom
Ladie's & Gentlemen's Toilet with w.c. and wash hand basin.
Separate staff Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a gross profit of 65% approx. (£650 on deliveries)
Staff
The business is at present operated by the vendor with 4 full time & 2 part time staff.
Trading Hours
6 Day week
MONDAY - SATURDAY : 5.30pm - 11pm
Accommodation
THE ACCOMMODATION in the form of a FLAT with Gas Fired Central Heating, Double-glazed windows, comprises:
4 Bedrooms (2 doubles, 2 singles)
Lounge
Bathroom with bath, w.c. and wash hand basin
Outside
Rear yard
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £31,500 p.a.
Business Rates from April 2021 £6,000 approx. payable (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 42,500 (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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