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Indian Restaurant And Takeaway Business For Sale

Portsmouth, West Sussex
Freehold Price:
£375,000
Leasehold:
£55,000
Turnover:
£83,200
Net Profit:
Available on request

Sought after trading position, WEST SUSSEX

At present Indian cuisine which could obviously be continued & in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.

We understand the property was built in the 1930's, however the vendor has built a large extension to the rear approximately 3 years ago.

IMPRESSIVE & SPACIOUS LICENSED RESTAURANT with quality woodstrip floor, ceiling with inset spotlighting. 2 air conditioning/heating units. Quality tables & chairs providing seating for 70 persons (can be increased). BAR mirror-backed, double door glass fronted counter fridge, 1 additional single white counter fridge, electronic cash register, optics, wine rack etc.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin
In additon there is a fully tiled disabled cloakroom with w.c. & wash hand basin

LARGE LEVEL KITCHEN fully tiled, stainless steel extractor unit, 8-burner gas cooker with oven, Tandoori oven, upright double door stainless steel fridge, 3 chest deep freezers, 2 domestic microwave ovens, 3 stainless steel tables, double sink & drainer, wash hand basin etc.

• ACCOMMODATION INCLUDED

The accommodation in the form of a SPACIOUS MAISONETTE over DOUBLE GLAZED, comprises:
3 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge
Kitchen

Lease : £55,000 Freehold : £375,000 + SAV Viewings Strictly via Appointment (R5806)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure

Property information

Property:

Available as freehold and leasehold

Business Operation

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £375,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

Other Information

Financing available:

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Leasehold asking price:
£55,000

Contact Broker

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