Licensed Indian Restaurant in Warwickshire For Sale

Sought after and one of the oldest large villages in WARWICKSHIRE

Turnover £ 7,000
Price £115,000

Features

Licensed Indian and Nepalese Restaurant

5 STAR HYGIENE RATING

SPACIOUS DETACHED LICENSED RESTAURANT, in the region of 2,100 ft², woodstrip floor, suspended ceiling with LED lighting.

Tables and chairs providing seating for 90 persons.

BAR with 2 draft pumps, 2 double door glass fronted fridges, ice maker, glasswasher, sink etc.

Disabled access cloanroom with toilet and wash hand basin.

STAIRS TO BASEMENT, in the region of 100 ft², fully tiled ladies' cloakroom with 2 w.c's, 2 wash hand basins
Fully tiled gentlemen's cloakroom with 1 w.c. 2 urinals, wash hand basin

GROUND FLOOR SPACIOUS FULLY EQUIPPED KITCHEN including 9-burner cooker, Tandoori oven, large gas grill, deep fat fryer, 1 single door upright fridge, chest freezer, 1 stainless steel table with heating lamps over, 2 stainless steel preparation tables, 3 hot cupboards, double sink and drainer, etc.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. - £8,000 p.w. with a Gross profit of 60% approx.

Staff

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

Trading Hours

7 Day week
MONDAY - SUNDAY 5 p.m. - 11 p.m.

Accommodation

The SPACIOUS SELF CONTAINED living accommodation, comprises:

First Floor
4 Bedrooms (2 double bedrooms, 2 single bedrooms)
Kitchen
Bathroom with bath, toilet and wash hand basin.

Second Floor Loft Conversation comprising:
Large double bedroom and storage.

Outside

Rear patio area.

Dry goods store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £35,000 p.a.

We are advised the landlord is prepared to grant a new lease to an approved applicat at terms to be agreed.

Business Rates from April 2026 £13,000 approx. after small business relief (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 VENDOR'S RELOCATING.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS RESTAURANT IN THIS SOUGHT AFTER WARWICKSHIRE LOCALITY, NOT FAR FROM STRATFORD-UPON-AVON.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote