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Reference R1064
Situated in a parade, excellent main road trading position, sought after residential area, SOUTH WEST LONDON near SURREY BORDERS MORTLAKE
Turnover £ 3,000
Price
£59,500
Features
Well Fitted Licensed Restaurant
Opened recently as Indian cuisine, which could obviously be continued and in opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
ATTTRACTIVE SINGLE FRONTED RESTAURANT in the region of 870 ft² with quality laminated strip floor, ceiling with inset spotlighting. Air conditioning unit. Quality tables & chairs providing seating for 34 persons (could be increased to accommodate 40 persons). ATTRACTIVE BAR with 3 hanging lights over.
LEVEL KITCHEN with quarry tiled floor, tiles to walls. 8-burner Chester cooker with 2 ovens, Tandoori oven, double sink & drainer, fridge, stainless steel table, additional small stainless steel table.
Rear storage area with tiled floor, upright stainless steel fridge, chest deep freezer.
Additional storeroom
Half tiled ladies' cloakroom with 2 w.c's, wash hand basin
Half tiled gentlemen's cloakroom with w.c. & wash hand basin
Turnover
WE ARE INFORMED the turnover is £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Staff
The business is at present operated by the vendors with the assistance of 3 kitchen staff, 2 front of house & 1 driver.
Trading Hours
6 p.m. - 11 p.m. seven evenings per week
Tenure
We understand the premises are held on a secure renewable full repairing and insuring lease for a period of 15 years from November, 2014 at a rental of £19,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £4,500 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500
plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 29,750 (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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