Substantial Licensed Indian Restaurant in Surrey For Sale

Sought after residential area, next to the river, SURREY

Turnover £ 10,000
Price £250,000

Features

Licensed Indian Restaurant

6 DAYS OPENING
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,285 ft² with carpet tiled floor, spot lights and LED lights, Bar, 1 tap, EPOS till. Tables and chairs providing seating for 96 People, CCTV system (9 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 8-burner), 3 x microwave, fridge, freezer, preparation table, dishwasher, double sink and drainer.

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

Disabled Toilet with w.c. and wash hand basin.

3 Stock rooms.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 65% approx. (15% ONLINE SALES)

Staff

The business is at present operated by the vendor with 5 full time & 2 part time staff plus 1 driver.

Trading Hours

6 Day week
TUESDAY - SUNDAY 5pm - 10pm

Accommodation

THE SELF CONTAINED ACCOMMODATION . The accommodation comprises:

6 Bedrooms (3 double, 3 Single).
Kitchen.
2 Shower rooms with shower, w.c. and wash hand basin.

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2020 with reviews every 5 years (next review 2030) at a current rent of £36,000 p.a.

Business Rates from April 2025 £6,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote