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Indian Restaurant In Sutton For Sale

Sutton, Surrey
Asking Price:
£120,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£250,000
Net Profit:
Under £50K

Indian restaurant for sale

Rent £35,500
Lease remaining 19 years open

Large Rear garden
Double fronted shop fully refurbished restaurant
2 x 3 bedroom flat included
1 x 3 bedroom flat which is rented every month rental income £1050
2nd flat used by the staff which also could be rented which could generate further £1050

Main road position with lots of resident house plus good location business has been established over six years and very good turnover could be increasd also the large rear garden could be transformed into a shisha garden which also could benefit for the business

Property information

Property:

Leasehold

Lease Terms:

25years lease but
Remaing 19years open leases

Leasehold Rent:

£35,500 per annum

Living Accommodation:

2x 3 bedroom flat, 1 flat is rented which generates £1050 a month
& second flat used by the staff but could be also rented out to generate further income also

Location:

The business is located between sutton and epsom and the surrounding posh area which is located near the business

Premises Details:

Fully licensed 68 covers can be increased upto 85 covers also regular loyal takeaways customers
Lunch time trade also could benefit for the business

Planning Consent:

It has A5 & A3 permission could also use the rear garden for extensions subject to planning permission

Business Operation

Expansion Potential:

The large rear garden could be used as a shisha garden with the right planinig permission which could benefit more cash flow for the busniess

Reasons for selling:

Cant give enough time towards the busniess plus Other commitments the busniess is up for sale genuingly due to other commitments

Trading hours:

Sunday to thursday 5:30 to 11:00pm
Friday to Saturday 5:30 to 11:30pm

Employees:
6 full time, 2 partime
Years established:
This bussniess has been established by the previous onwer nearly 20 years ago under the same name i have been the owner for 6 years now under the same previous name

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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