Ultra Modern Indian Restaurant in Surrey For Sale

Situated in a parade, main road trading position, residential area SURREY

Turnover £ 7,000
Price £190,000

Features

Modern Licensed Indian Restaurant

6 DAYS OPENING

5 STAR HYGIENE RATING

Front area with space for tables & chairs (weather permitting)

SINGLE FRONTED AIR CONDITIONED PREMISES, in the region of 1,200 ft², the bifold doors offer the versitility of a full open front if desired.

Real wood flooring, suspended ceiling with feature pendants and spot lights.

Tables and chairs seating 54 people.

Bar - Electric cash register, 2 under counter fridges, under counter freezer, glass washer, wash hand basin, etc.

Ladies / disabled access cloakroom with toilet and wash hand basin.
Gentlemen's cloakroom with toilet and wash hand basin

SEPARATE KITCHEN - Stainless steel extractor, 6 burner hob, hot plate, tandoor oven, double basket deep fat fryer, bain marie, microwaves, chest freezer, double door fridge, double sink and drainer, stainless steel preparation table, dish washer, etc,

Walkin cold room.

Staff toilet with wash hand basin.

Turnover

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

Staff

The business is at present operated by the vendor with 2 full time and 2 part time staff employed.

Trading Hours

6 Day week
MONDAY - FRIDAY 12 noon - 10.30 p.m.
SATURDAY - SUNDAY 9 a.m. - 10.30 p.m. (For Indian Breakfast)
CLOSED TUESDAY

Outside

Small yard with bin store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £18,000 p.a.

Business Rates from April 2025 £5,500 approx. (After small business relief. Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £190,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 95,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote