- Listing ID: 805445
- (Seller ref: R9616)
Old Established Licensed Indian Restaurant For Sale
- Location:
-
- UK
- > England
- > South East
- > Surrey
- > Surrey
- Category:
- Type:
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Summary
- Asking price:
- £79,500
- Turnover:
- £119,600
- Net profit:
- Available on request
- Employees:
- The Restaurant is at present operated by the vendor with the assistance of 4 full time staff.
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Business description
SINGLE FRONTED RESTAURANT with laminated strip floor. Full Gas Fired Central Heating. Tables and chairs providing seating for 32 persons. Mirrors to walls. Bar with mirror-backed shelving, sink.
Kitchen at rear with quarry tiled floor. Tandoori oven, 10-burner gas cooker, grill, upright stainless steel fridge, upright stainless steel deep freeze, chest deep freeze, stainless tables, double sink and drainer, wash hand basin etc.
Ladies' and Gentlemen's cloakrooms each with w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 19 years unexpired from November, 2009 at a current rental of £9,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter 5 years.
Uniform Business Rates: £3,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
- Living accommodation:
- The accommodation with FULL GAS FIRED CENTRAL HEATING comprises: 3 Bedrooms (2 doubles, 1 single) Bathroom with bath, w.c. and wash hand basin Lounge
- Location:
- Situated in a parade, main road trading position, SURREY
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £2,300/£2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Sunday - Thursday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m.
Friday evenings only - 6 p.m. - 12 midnight
Saturday - 12 noon - 2.30 p.m. & 6 p.m. - 12 midnight
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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- UK
- > England
- > South East
- > Surrey
- > Surrey
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