Licenced Indian Restaurant With Superb Premises In London For Sale

Business description

LIC INDIAN RESTAURANT – NEAR BLACKHEATH, S.E. LONDON.
LOCATION: Well positioned on busy road close to station and has excellent passing trade. Several bus routes pass.

DESCRIPTION: A superb mid-parade premise has approx 29’- 0” wide gross frontage. Internally the 1,080 sq ft ground floor lock-up premises comprises an exceptionally attractive 52-seater restaurant which is air conditioned, beautifully fitted and incorporates a drinks bar close to entrance. There are well-appointed, fully tiled ladies/gents toilets/washrooms at the rear and these are backed by a fully tiled kitchen, plus a store and staff toilet. An exit door next to toilet leads out to a small yard at the back.

EQUIPMENT: The business is fully equipped including a 6-burner cooker, Tandoori oven, stainless steel hot cupboard, chip fryer, stainless steel prep unit, various fridges and freezers, filter coffee machine, etc.

BUSINESS: We are informed is taking £3,700 per week.

HOURS: Mon – Sun 5:30 pm to 11.30 pm (good potential for lunchtime trade)

ACCOMM: There is no residential accommodation.

TENURE: The premises is held on a lease with 10 years remaining and the current rent is £13,000 per annum.

RATES: Business rates payable are approx £4,000 per annum.

Property information

Property:

Leasehold

Lease terms:

The premises is held on a renewable lease with 10 years remaining and the current rent is £13,000 per annum with reviews every 5 years.

Location:

Well positioned on busy road close to station and has excellent passing trade. Several bus routes pass.

Other information

Support & training:

Full support and training included

Reasons for selling:

Too far to travel.

Trading hours:

Mon – Sun 5:30 pm to 11.30 pm (good potential for lunchtime trade)

Financing available:

Finance arranged for the right purchaser