Long Leasehold Indian Restaurant in North London For Sale

The business occupies an excellent main road corner trading position, Busy retail and business thoroughfare, at the intersection of three prosperous areas. The business is situated in an office and commercial area and there are many multiples nearby.

Turnover £ 2,000
Price 525,000

Features

Long Leasehold Indian Restaurant & Takeaway

6 DAYS OPENING
5 STAR HYGIENE RATING.
3 PHASE ELECTRICS
ILLUMINATED SIGN BOARD

SINGLE FRONTED RESTAURANT in the region of 1,250 ft² WITH SHUTTERS, industrial non-slip floor, LED spot lights, 3 Air conditioning with hot air, cool display counter with refrigerated storage section, cash register, Illuminated menu board, stainless steel extractor unit, Tandoori oven, 4 microwaves, Tables and chairs providing seating for 26 People (can be increased).

Kitchen with stainless steel extractor unit, Chinese Cooker (4-burner), stainless steel preparation tables, sink, sink

Stock room.
Walkin coldroom
Additional Room.
Toilet with w.c. and wash hand basin.

Basement in the region of 300 ft², with two rooms used for storage purposes..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by the Husband & Wife team

Trading Hours

6 Day week
MONDAY - SATURDAY 12 noon - 10pm

Tenure

LONG LEASEHOLD OF 125 YEAR from 1989, nil rent

Business Rates from April 2026 £7,160 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1989, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

THE VALUABLE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £525,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 367,500 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote