Well Fitted Indian Restaurant in South London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SE London

Turnover £ 7,500
Price £165,000

Features

Well Fitted South Asian Restaurant

5 STAR HYGIENE RATING.

DOUBLE FRONTED RESTAURANT in the region of 440 ft² WITH ELECTRIC SHUTTERS with Air conditioning with hot air, tiled floor, spot lights and hanging & wall lights. Bar with under counter drinks display fridge (glass fronted upright double-slide door), EPOS till, Tables and chairs providing seating for 30 People.

Open plan kitchen area with stainless steel extractor unit, Tandoori oven, Cooker (Gas 6-burner), Cooker (Gas 4-burner), 2 work top fridge, lass fronted upright, microwave oven (commercial), double sink and drainer, sink, preparation tables.

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

Basement, used for storage purposes, 2 x deep freeze, tall fridge.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with a Gross profit of 65% approx. (20% via portals)

Staff

The business is at present operated by the vendor with 2 chefs and front of house full time staff

Trading Hours

7 Day week
MONDAY - SUNDAY 4pm - Midnight

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on room by room providing a rental income of £4,200 per month inclusive of bills. The accommodation comprises:

4 Bedrooms (3 double, 1 Single).
Lounge.
Kitchen.
2 x Shower room with shower, w.c. and wash hand basin.

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 2019 with reviews every 5 years (next review 2029) at a current rent of £30,000 p.a.

(As will be appreciated with the rental income currently of £50,400 p.a. in respect of the self contained maisonette, there is in fact at the present time a profit rental of £20,400 p.a).

Business Rates from April 2026 £10,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 82,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote