Well Established Indian Restaurant For Sale

Business description

Single frontedSingle fronted with electric shutters, medium sized premises, Air conditioned with hot air, carpet tiled floor, ceiling with spot lights, Tables and chairs providing seating for 48 people, electronic cash register.

Separate level kitchen, tiled floor, stainless steel extractor canopy, Tandoori oven, 10-burner gas cooker, 2 microwaves, deep fryer, 2 group coffee machine, stainless steel work surfaces, 2 fridge, 2 freezers, double sink and drainer, separate wash hand basin.

* Bar.

* Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin.

* Store room

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease from the private landlord for a period of 10 years and currently has 9 years unexpired next review in 1 year with reviews every 4 years at a rent of £15,000 p.a.

Uniform Business Rates: £3,700 p.a. approx.

Living accommodation:

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to Flat, comprises: 3 Bedrooms (2 double, 1 Single). Kitchen. Bathroom with bath, wash hand basin separate w.c. Lounge/Additional bedroom if required.

Location:

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

Other information

Expansion potential:

WE ARE INFORMED by the vendor the turnover averages £8,000 p.w. Gross profit 65% approx.

Reasons for selling:

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION

Trading hours:

6 Day week (Tuesday - Sunday) 6 pm - 11 pm
No Monday Trading

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.