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Established Indian Restaurant In Chalfont St Peter For Sale

Chalfont St Peter, Buckinghamshire, UK
Asking Price:
£87,000
Turnover:
£182,000
Net Profit:
Available on request

Indian Restaurant for Sale in Chalfont St Peter near Gerrards Cross

MAIN FEATURES

Circa 1,594 Sq. Ft
Circa 70-75 Covers Restaurant
Fully Fitted Commercial Kitchen
On & Off Licence in Place
Street Car Parking is available.

LANDLORD’S REQUIREMENTS

Personal Guarantor Required (Subject to References)
3-6 Months Rent Deposit Subject to References
Accountant’s references
Trade references

LEASE DETAILS

Grant of 16-Year New Lease (Inside the Act of 1954)
Rent: £33,500 PAX
Rent Review: Every 4 Years
Premium: £87,000 (Business, Lease & FF&E) + SAV

THE PREMISES

Circa 1,594 sq. ft
Circa 70-75 Covers
Payable Business Rates: Circa £9,356/annum (Rateable Value: £18,750)
Fully Fitted Commercial Kitchen
3-Phase Electric Power Supply
Gas & Extraction in Place
On & Off Licence in Place
Permitted hours: 10 a.m.–1 a.m.

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £182,000 per annum (£3,500/week).
Trading as an Indian Restaurant for several years
Currently, our client manages the business with three kitchen and two FOH staff members.

THE LOCATION

Chalfont St Peter, SL9
2 miles from Gerrards Cross
Several independent cafes & restaurants Nearby

VIEWINGS AND CONFIDENTIALITY

All interested buyers must agree to a non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm; therefore, it is not to be relied upon as a statement of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give any representation or warranty whatsoever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Grant of 16 Years New Lease (Inside the Act of 1954)
Rent: £33,500 PAX
Rent Review: Every 4 Years

Leasehold Rent:

£33,500 per annum