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Reference R8943

South Indian Restaurant in Surrey For Sale

South Indian Restaurant in Surrey For Sale
South Indian Restaurant in Surrey For Sale Buy a South Indian Restaurant in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, SURREY

Turnover 4,500
Price 60,000

Features

Attractive well Fitted Licensed Restauarnt

At present South Indian cuisine, which could obviously be continued and in our opinion, in view of the excellent main road trading position there is potential for other types of cuisine, if desired.

ATTRACTIVE & SPACIOUS SINGLE FRONTED RESTAURANT recently upgraded with tiled floor, ceiling lighting, ceiling fan. Tables & chairs providing comfortable seating for 40 persons, Sofa. BAR with 1 hand pump, shelving, sink, double door glass fronted counter fridge.

Newly refurbished tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LEVEL KITCHEN with tiled walls plus part stainless steel cladding to walls, stainless steel extractor. 6-burner gas cooker with oven, Tandoori oven, 1 small deep fryer, 1 upright stainless steel single door fridge, 2 small counter fridges, 2 chest deep freezers, double sink & drainer, wash hand basin etc.

Turnover

WE ARE INFORMED the turnover averages 4,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 65%.

Staff

At present operated by the vendor with in the kitchen area 1 chef, 1 Tandoori chef, 1 full time kitchen porter. Restaurant area 1 full time waiter plus 1 part time waiter at weekends.

Trading Hours

Operated 6 days per week opening 12 noon - 3 p.m. & 6 p.m. - 11 p.m.
CLOSED ALL DAY MONDAY

Outside

Parking space at rear for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of 20,150 p.a. exclusive of rates for the next 1 year. (We understand there was no request for an increase in the rent at the last rent revision). We further understand the rent reviews are every 4 years.

Uniform Business Rates: 2,618 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE 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

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