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Reference R9757

Modern well fitted Indian Restaurant in Sudbury For Sale

Modern well fitted Indian Restaurant in Sudbury For Sale
Buy a Modern well fitted Indian Restaurant in Sudbury For Sale Sell a Modern well fitted Indian Restaurant in Sudbury For Sale Modern well fitted Indian Restaurant in Sudbury For Sale for Sale

Register to see map and to make an appointment Sought after trading position, town centre, SUFFOLK SUDBURY

Turnover £ 7,000
Price £75,000

Features

Modern well Fitted Indian Restaurant

6 DAYS OPENING

No direct competition, huge scope for additional cusines especially Chinese and Thai.

DOUBLE FRONTED PREMISES in the region of 1,400 ft². Tables and chairs providing seating for 76 persons (scope to increase). Wood strip floor, suspended ceiling with LED lighting. Air conditioning with hot air.

Bar with waiting area, cash register

Staff toilet with w.c. and wash hand basin

KITCHEN stainless steel extractor unit, Tandoori oven, hotplate, double fryer, commercial microwave oven, hot towell warmer, 2 fridges, freezer, 9-burner gas cooker

External Store room with fridge & freezer, etc.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000/ £8,000 p.w. with a gross profit of 65% approx. (70% takeaways)

Staff

The business is at present operated by the vendor (who does the deliveries) with 5 full time staff employed.

Trading Hours

6 Day week
Tuesday, Wednesday, Thursday & Sunday - 5 p.m. - 10 p.m.
Friday & Saturday opening - 5 p.m. - 11 p.m.

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to Flat with Electric Heaters, Double-glazed windows, comprises:

4 Bedrooms (3 doubles, 1 single).
Lounge
Bathroom with bath, w.c. and wash hand basin
Kitchen currently used as a store room

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the private landlord is prepared to grant a new 20 years lease, 5 yearly reviews at a rent of £19,000 p.a.

Business Rates from April 2021 £3,700 approx. payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014 AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (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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