Licensed Indian Restaurant For Sale

Business description

Double fronted, Air conditioned with hot air, fully carpeted (heavy duty) floor, suspended ceiling with spot lights.

Sales counter, Tables and chairs providing seating for 80 people, cash drawer.

Separate kitchen down one step, tiled floor, stainless steel extractor canopy, 6-burner gas cooker, 4-burner gas cooker, Tandoori oven, 2 microwaves, plate warmer, deep fryer, coffee machine.

• Storage area, stainless steel work surfaces, 1 double door fridge, 2 single door fridges, 2 chest freezer, double sink and drainer, separate wash hand basin.

• Bar - under counter drinks fridge, 2 hand pumps, 2 wine racks, optics.

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

• Staff toilet with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new secure renewable lease for a period of 20 years next review in 4 years at a rent of £26,000 p.a.

Uniform Business Rates: £6,000 p.a. approx.

Living accommodation:

THE ACCOMMODATION entrance via the shop to with Electric Fan Heaters over 2 floors: 4 Bedrooms (1 double, 3 Single). Bathroom with bath, w.c. and wash hand basin. Additional W.C.

Location:

Situated in a Parade, busy road, residential and commercial area, Surrey.

Other information

Expansion potential:

WE ARE INFORMED by the vendor the turnover averages £6,000 p.w. Gross profit 65% approx.

Reasons for selling:

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Trading hours:

7 Day week (Monday - Saturday) 12 noon - 2 pm 5.30 pm - Midnight
Sunday 12 noon - 12 midnight

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.