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Reference R2708
Situated in a parade, main road trading position, residential area, opposite a park, lively urban area with a rich cultural mix and strong transport links, MIDDLESEX
Turnover £ 5,000
Price
£140,000
Features
Well Fitted Licenced Indian Restaurant
6 DAYS OPENING
Tables and chairs providing seating for 35/40 People
4 STAR HYGIENE RATING
SINGLE FRONTED PREMISES in the region of 700 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot and LED lighting. Bar, EPOS till, CCTV system (8 cameras, 1 monitor).
Toilet with w.c. and wash hand basin.
Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 8-burner), fridges, freezers, griddle, pizza oven with conveyor belt (single deck).
Stock room / Store room.
Staff 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.(£1,000 via Portals)
Staff
The business is at present operated by the 2 partners with 3 full time & 2 part time staff.
Trading Hours
6 Day week (with midnight licence)
SUNDAY & TUESDAY - THURSDAY 12 noon- 10pm
FRIDAY & SATURDAY 12 noon - 11pm
Outside
Parking space for 2 car.
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 2025 with reviews every 5 years (next review 2030) at a current rent of £19,000 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO PERSONAL REASONS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 70,000 (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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