Buy an Indian Restaurant And Home In Inland East Sussex Town For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 590994
  • (Seller ref: SE001147)

Indian Restaurant And Home In Inland East Sussex Town For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
£65,000 (Furniture / Fixtures included)
Sales revenue:
£200,000
Net profit:
Available on request
Employees:
Currently employs 6 full-time staff, one head chef and 2 kitchen staff, 1 barman and 2 waiters, 2 part-time drivers weekends only.


Very well presented air conditioned Indian and Bangladeshi restaurant in prime High St position in growing inland town. Premises offers 36 covers and spacious living accommodation on 2 floors above, currently used for staff. Turnover more than £4,000pw and growing. 20 year renewable lease. Open daily 12noon to 2pm, 5.30pm to 11.30pm, take aways and deliveries. Flat possible shorthold let, £450pm. Parking space at front. Contact for details.


Property:
Leasehold
Lease terms:
20 year renewable lease, current rent of £15,000pa then £17,000pa in Year 2, four yearly reviews thereafter.
Living accommodation:
Separate entrance from front and side to 1st floor: 2 bedrooms, kitchen, separate bathroom with WC, 2nd floor: lounge, large double bedroom, corridor to main shower room with WC; single bedroom and further room currently used for storage but could be another kitchen, or additional bedroom. Accommodation currently used for staff bedsits, but could be let as shorthold tenancy
Location:
Prime High St location close to major and local retailers and catering establishments

Expansion potential:
Could change the cuisine, suitable for many other cuisines as the business benefits from full A3 permission
Trading hours:
M-Sun 12 to 2pm and 5.30 to 11.30pm

For more information about this business for sale, click the Contact Seller button.

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