Search more Restaurants for sale in West London
Reference R9212

Nepalese Restaurant in West London For Sale

Nepalese Restaurant in West London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, densely populated residential area, W LONDON.

Turnover 6,000
Price 49,500

Features

Spacious well Established Licensed Nepalese Restaurant

SPACIOUS SINGLE FRONTED RESTAURANT with ceramic tiled floor, attractive ceiling with spotlighting. Air conditioning. Tables & chairs providing seating for 52 persons.

Ladies' cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with w.c. & wash hand basin

SPACIOUS COMMERCIAL KITCHEN with quarry tiled floor. 10-burner Garland gas cooker, Tandoori oven, 1 commercial microwave oven, 1 stainless steel double door fridge, 1 single door stainless steel fridge, 2 deep freezers, walk-in coldroom, double sink & drainer, wash hand basin etc.

Turnover

WE ARE INFORMED the turnover averages 6,000 p.w. in our opinion offering furthe potential to increase in the right hands. We are further advised that the gross profit is in the region of 65%.

Staff

The restaurant is operated by the vendor with kitchen area 1 main chef, 1 Tandoori chef, 1 assistant Tandoori chef, 1 kitchen porter. Restaurant area 2 waiters plus 2 additional waiters when required.

Trading Hours

Sunday - Thursday inclusive - 6 p.m. - 11.30 p.m.
Friday & Saturday 12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m.

Tenure

We understand the premises are held on a secure renewable full repairing and insuring lease having approximately 12 years unexpired at a rental of 25,000 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 5,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Restaurants for sale in West London

Buy a Nepalese Restaurant in West London For Sale on NationwideBusinesses.co.uk