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Established 2013 Fine Dining Indian Restaurant For Sale

Watford, Hertfordshire, UK
Asking Price:
£89,500
Turnover:
£312,000
Net Profit:
Undisclosed

5 STAR HYGIENE RATING

4.7 Google Rating / 4.8 Just Eat Rating / 1,700+ Facebook followers

Live music licence.

6 DAYS OPENING

60 seater dining arear

CONTEMPORY DOUBLE FRONTED PREMISES, in the region of 1,650 ft², Harwood flooring, suspended ceiling with LED lighting. Tables and chairs seating 60 people (easily increased to 90 people.)

Baby grand piano

Bar - Stalls and comfortable seating 12, EPOS cash register, 2 under counter fridges, wash hand basin, mirror backed shelving, etc.

Ladies cloakroom with toilet with wash hand basin

Gentlemen's cloakroom with toilet with wash hand basin

Separate Kitchen - Stainless stee extractor, stainless steel cladding, 12 burner cooker, Tandoori oven, grill, hot plate, 2 commercial microwaves, 2 long fridges, 2 chest freezers, double sink and drainer, commercial grease trap, 3 stainless steel preparation tables, etc.

Preparation area - Storage, ice cream freezer.

Walkin cold room

2 open plan storeage sections.

LOCATION: Situated in a parade, High Street trading position, residential area, near Studios, HERTFORDSHIRE

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 65% approx.

ACCOMMODATION: YES, accommodation is included, you must click the 'Contact Broker' button for additional details.

STAFFING: The business is at present operated by the vendor with the assistance of 4 full time and 3 part time staff employed.

We are informed the wage bill averages £1,800 p.w. approx.

PRICE: TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £89,500 inclusive of STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, ACCOMMODATION DETAILS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold

Living Accommodation:

Accomodation Included