Well Presented Indian Restaurant in Surrey For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SURREY

Turnover £ 10,000
Price £180,000

Features

Well Presented Licensed Indian Restaurant

NEWLY FITTED 2023

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 2,580 ft². Wood strip floor, suspended ceiling with spot and hanging lighting. Air conditioning with hot air. Tables and chairs providing seating for 78 persons. BAR, EPOS till, 2 taps, under-counter drinks display fridge, upright drinks display fridge. CCTV system (3 cameras, 1 monitor).

KITCHEN. Stainless steel extractor unit, Tandoori oven, 8-burner gas cooker, 2 stainless steel preparation tables, 2 hot cupboards, double sink and drainer, 2 stainless steel fridges, deep freeze, upright stainless steel freezer, 2 commercial microwave ovens.

Ladies' & gentlemen's plus disabled toilet with w.c. and wash hand basin

Stock room

Cloakroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a gross profit of 65% approx. (20% TAKEAWAY)

Staff

The business is at present operated by the vendor with 5 full time & 1 part time staff plus 1 driver.

Trading Hours

7 Day week
MONDAY - THURSDAY 12 noon - 2 p.m & 5pm - 10.30 p.m
FRIDAY - SATURDAY 12 noon - 2 p.m & 5pm - 11 p.m
SUNDAY 12 noon - 3 p.m & 6 p.m - 10 p.m

Accommodation

First floor in the region of 1,075 ft² which subject to planning permission we feel has protential for use as accommodation, comprises:

5 rooms (1 super double, 2 doubles, 2 singles).
Shower room with shower, w.c. and wash hand basin
Bathroom with bath and wash hand basin
Additional w.c.

Outside

Parking space for 1 car

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a lease, from a private granted for 20 years in 2023 with reviews every 4 years (next review 2027) at a current rent of £38,000 p.a.

Business Rates from April 2023 £5,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 90,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote