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Reference R3113

Licensed Indian Restaurant in South London For Sale

Licensed Indian Restaurant in South London For Sale

Situated in a Parade, excellent trading position, residential and commercial area, SW LONDON

Turnover £ 10,000
Price £100,000

Features

Fully Licensed Indian Restaurant

5 STAR HYGIENE RATING
6 DAYS OPENING
FORECOURT WITH SEATING FOR 8 PEOPLE

Tables and chairs providing seating for 45-50 People

DOUBLE FRONTED RESTAURANT PREMISES in the region of 1,000 ft² WITH CANOPY with tiled floor, hanging lights and wall plus spotlights, Air conditioning with hot air . Bar under counter drinks display fridge, EPOS till, CCTV system (16 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 8-burner), fridges, freezers, burner, double sink and drainer

Mezzanine level for storage.

Office.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 65% approx. (40% via portals)

Staff

The business is at present operated by the vendor with 4 full time & 2 part time staff.

Trading Hours

6 Day week
MONDAY & WEDNESDAY - SUNDAY 5pm - 10.30pm

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 15 years in 2020 with reviews every 5 years (next review 2030) at a current rent of £24,000 p.a.

Business Rates from April 2026 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (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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