Buy an Attractive Licensed Indian Restaurant business for sale in Cambridgeshire on BusinessesForSale.com

  • Listing ID: 804250
  • (Seller ref: R8903)

Attractive Licensed Indian Restaurant For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£170,000
Turnover:
£260,000
Net profit:
Available on request
Employees:
The business is at present operated by 1 of the partners on a full time basis with the assistance of 6 full time and 2 part time staff.

No image available

SPACIOUS DOUBLE FRONTED RESTAURANT with air conditioning/heating. Tables and chairs providing seating for 65 persons. Bar with 2 hand pumps, glass fronted counter fridge, wash basin.

Ladies' and gentlemen's cloakrooms

Level kitchen with tiled floor. The equipment includes Tandoori oven, 1 8-burner gas cooker, 4 fridges, 3 deep freezes, double sink and drainer etc.

Stockroom
Staff cloakroom with w.c. and wash hand bsin


Property:
Leasehold
Lease terms:
We understand the premises are held on a secure renewable lease having approximately 12 years unexpired at a rental of £18,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £6,880 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION
Living accommodation:
The SELF CONTAINED LIVING ACCOMMODATION with FULL GAS FIRED CENTRAL HEATING, comprises: 3 Bedrooms (2 doubles, 1 single) Bathroom with bath, w.c. and wash hand basin Lounge Kitchen
Location:
Terraced property, situated in a Village residential area CAMBRIDGESHIRE

Expansion potential:
WE ARE INFORMED the turnover is in excess of £5,000 p.w. in our opinion offering tremendous potential to increase in the right hands.
Reasons for selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £170,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Trading hours:
12 noon - 2 p.m. & 6 p.m. - 11 p.m. seven days per week
Financing available:
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

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


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