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Licensed Indian Restaurant With Flat For Sale In Croydon, Surrey

South Croydon, Surrey, UK
Asking Price:
£49,950
Turnover:
Undisclosed
Net Profit:
Undisclosed

LEASEHOLD LICENSED INDIAN RESTAURANT
SELF-CONTAINED 2-BED FLAT ABOVE

LOCATION
These parade premises front a busy main arterial road leading into the centre of Croydon, serving the huge surrounding densely populated residential area. There are two mainline rail stations and a large private school close by.

BUSINESS
This is a well-established concern which has a cosy and comfortable atmosphere serving a range of traditional Indian dishes along with some amazing specials which have helped it establish its good reputation and many food awards. In the same family's hands since 2010 and is only now for sale due to ill health. Although presented as an Indian, the premises would be suitable for a wide range of alternative styles if desired.

TURNOVER
We are informed that the business currently enjoys a turnover averaging £4,000 per week @ 65% GP.

STAFF
Family operated.

HOURS
5:30pm - 10:45pm Wednesday - Monday. Closed Tuesday.

PREMISES
Parade shop unit with attractive double frontage and single entrance to Restaurant area: Attractively decorated and fitted with 40 covers. Servery counter to rear fitted with a music system, EPOS till, stainless steel hand basin, shelving, and separate Ladies' & Gents' WC facilities, each with a hand wash basin. Door from restaurant to Kitchen: Fully tiled and fitted with a large 9-ring range with stainless steel extractor unit above, Tandoori oven, stainless steel worktops, 2 microwave ovens, electrocutor, double stainless steel sink, and fryer. Storeroom: 2 chest freezers, 2 upright stainless steel fridges, 2 upright freezers, glass-fronted drinks chiller. Door to rear yard with bin store area. Pedestrian access.

LIVING ACCOMMODATION
Self-contained 2-bed flat above comprising lounge, kitchen, double bedroom, single bedroom and bathroom/WC. Currently sublet at £800 pcm.

TENURE
New 5-year lease to be granted to the ingoing tenant within the Act. Rent £21,000 p.a. (6-month rent deposit required + Guarantor).

EPC RATING
Band E

BUSINESS RATES
Nil Payable.

Property Information

Property:

Leasehold

Living Accommodation:

Self contained 2 bed flat above comprising lounge, kitchen, double bedroom, single bedroom and bathroom/wc. Currently sublet at £800 PCM.

Location:

These parade premises front a busy main arterial road leading into the centre of Croydon, serving the huge surrounding densely populated residential area. There are two main line rail stations and a large private school close by.

Premises Details:

Parade shop unit with attractive double frontage and single entrance to Restaurant area: Attractively decorated and fitted with 40 covers. Servery counter to rear fitted with Music system. EPOS till. stainless steel hand basin, shelving, Separate Ladies & Gents WC facilities each with hand wash basin. Door from restaurant to Kitchen: Fully tiled and fitted with large 9 ring range with stainless steel extractor unit above. Tandoori oven, stainless steel work tops, 2 microwave ovens, insect electrocutor, double stainless steel sink. fryer. Store Room: 2 chest freezers, 2 upright stainless steel fridge, 2 upright freezers, glass fronted drinks chiller. Door to rear yard with Bin store area. Pedestrian access.

Business Operation

Trading hours:

5:30pm - 10:45pm Weds - Mon Closed Tues

Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.