Licensed Thai Restaurant in Leatherhead For Sale

Situated in a parade, sought after residential area, wealthy Surrey locality with large housing development, SURREY LEATHERHEAD

Turnover £ 2,500
Price £90,000

Features

Well Fitted Licensed Thai Restaurant & Takeaway

5 DAYS OPENING

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,650 ft² with wood strip floor, ceiling with spotlights. Bar with seating for 5 persons, cash register. Tables and chairs providing seating for 80 persons. CCTV system (8 cameras, 1 monitor).

KITCHEN. Stainless steel extractor unit, 6-burner gas cooker, 5-burner gas Wok Cooker, stainless steel preparation table, 3 fridges, 3 freezers, 2 microwaves, hotplate, rice cooker, double sink and drainer.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a gross profit of 65% approx. (30% DELIVERIES via Deliveroo)

Staff

The business is at present operated by 2 partners with the assistance of 2 part time staff.

Trading Hours

5 Day week
WEDNESDAY - SUNDAY 6 p.m - 9.30 p.m

Accommodation

THE SELF CONTAINED ACCOMMODATION FLAT with Gas Fired Central Heating, cmprises:

3 Bedrooms (2 doubles, 1 single)
Lounge
Kitchen
Bathroom with shower, w.c. and wash hand basin

Outside

Parking space for 2 cars.

Shed for storage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord granted for 21 years in 2019 with reviews every 3 years (next review 2025) at a current rent of £26,000 p.a.

Business Rates from April 2023 £2,688 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 EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 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