Main features:
Newly fitted Indian restaurant & shisha lounge.
Circa 3,100 square feet.
Situated in the London Borough of Redbridge
Late-night license with option to extend hours.
Alcohol license.
restaurant covers 82 people.
lounge covers 44 people (with scope to expand)
Lease details:
15-year lease (10 years remaining with automatic right of renewal)
Rent: £63,500 plus VAT (no service charge)
Rates: £5000
Rent Review: Every 5 years
Trading & financials:
Trading as an Indian restaurant and Shisha lounge (the lounge is compliant with smoking regulations)
Gross sales revenue: circa £15,000 per week without alcohol. (huge potential in the right hands). The business does not currently serve alcohol, so any incoming buyer wishing to do this can considerably grow revenue as an alcohol license for the premises is in place.
Selling due to the owner's poor health.
