Fully Equipped Licensed Restaurant In Surrey For Sale

Business description

Service road in front of parade

At present South Indian cuisine, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired.

DOUBLE FRONTED LICENSED RESTAURANT with woodstrip floor, ceiling lighting. Tables and chairs providing seating for 46 persons. BAR, wine fridge.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

LEVEL KITCHEN with tiled floor. The equipment includes Tandoori oven, 6-burner gas cooker, stainless steel extractor, 1 large fridge, 2 deep freezes, single sink and drainer etc.

Storeroom

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a rental of £13,500 p.a. exclusive of rates for the next 2 years, increasing at that time to £15,000 p.a. exclusive of rates for the remainder of the term.

Uniform Business Rates: £1,300 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, main road trading position, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering further potential to increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £27,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Sunday - Thursday inclusive - 12 noon - 3 p.m. & 6 p.m. - 11 p.m.
Friday & Saturday - 12 noon - 3 p.m. & 6 p.m. - 11.30 p.m.

Employees:

The business is at present operated by the vendor with the assistance of 3 full time and 2 part time staff.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance