Modern Indian Restaurant in Kent For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, KENT.

Turnover £ 6,000
Price £60,000

Features

Modern Licensed Indian Restaurant

6 DAYS OPENING

4 STAR HYGIENE RATING

COMMANDING DOUBLE FRONTED PREMISES, Cctv (5 cameras), Laminate flooring, suspended ceiling with LED spotlights.

Customer waiting area.

Tables and chairs seating 60 customers.

BAR - Touch screen cash register, Draft beer pump, under counter fridges, under counter freezer, coffee machine, mirror back shelving, glass washer, dumb waiter, etc.

Ladies cloakroom with toilet and wash hand basin.
Gentlemen's cloakroom with toilet and wash hand basin.

Office.

Walkin cold room.

Walkin freezer.

Stairs to;

KITCHEN - Stainless steel extractor, 8 burner hob, Tandoori oven, Rationale oven, bain marie, 3 microwaves, hot plate, rice cooker, 4 fridges, chest freezer, stainless steel preparation tables, double sink and drainer, etc.

FUNCTION ROOM / ADDITIONAL SEATING AREA.

Tables and chairs seating 60 people.

Fully equipped BAR.

Snug seating 4 people.

Turnover

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

Staff

The business is at present operated by the Staff with 3 full time staff and 4 part time staff.

Trading Hours

6 Day week
MONDAY 5 p.m. - 10 p.m.
WEDNESDAY, THURSDAY, FRIDAY 5 p.m. - 10 p.m.
FRIDAY, SATURDAY, SUNDAY 5 p.m. - 11.30 p.m.
CLOSED TUESDAY

Outside

Bin Store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £35,000 p.a.

Business Rates from April 2025 £1,350 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024 & OFFERED FOR SALE DUE TRAVELLING ISSUES FOR THE VENDOR.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote