Old Established Indian Restaurant in Berkshire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Berkshire.

Turnover £ 5,000
Price £135,000

Features

Old Established Licensed Indian Restaurant

6 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 1,230 ft² with wood strip floor, hanging lights. Air conditioning with hot air, Bar 1 tap, EPOS till. Tables and chairs providing seating for 60 People over 2 floors, CCTV system (6 cameras).

Basement in the region of 320 ft²

Kitchen with stainless steel extractor unit, Tandoor, Cooker (Gas 7-burner), hot cupboard, 5 freezer, line fridge,, preparation table, dumbwaiter, double sink and drainer.

Walkin coldroom.

Stock room.

First Floor in the region of 365 ft² with additional seating.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (10% ONLINE SALES)

Staff

The business is at present operated by the 2 partners with 3 full time & 1 part time staff.

Trading Hours

6 Day week (3am LICENCE)
TUESDAY - SUNDAY 12noon - 10pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2022 with reviews every 4 years (next review 2026) at a current rent of £24,000 p.a. + VAT

Business Rates from April 2025 £1,800 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 67,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote