Well Fitted Indian Restaurant in Mortlake For Sale

Situated in a parade, excellent main road trading position, sought after residential area, SOUTH WEST LONDON near SURREY BORDERS MORTLAKE

Turnover £ 3,000
Price £70,000

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 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 £40,000
plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote