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Licensed Southern Indian Restaurant For Sale

Hertfordshire, UK
Asking Price:
£149,950
Turnover:
£416,000
Net Profit:
Undisclosed

6 DAYS OPENING

LISTED BUILDING

DOUBLE FRONTED PREMISES, in the region of 625 ft², WITH ELECTRIC SHUTTERS, woodstrip floor, beams to ceiling, ceiling & wall lighting. 2 air conditioning/heating units.

Tables & chairs providing seating for 48 persons.

BAR, electric cash register, draft beer pump, glass fronted counter fridges, wash hand basin.

FIRST FLOOR KITCHEN, in the region of 525 ft², with dumb waiter to ground floor restaurant. The kitchen has a non-slip floor and is well equipped including stainless steel extractor, 8-burner gas cooker with 2 ovens, 2 bain maries, griddle, single basket deep fat fryer, 6 deep freezes, dishwasher, double sink plus additional single sink, stainless steel prepartion table, etc.

Walkin fridge.

Stairs to BASEMENT in the region of 700 ft²;

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin.

Storage.

LOCATION: Situated in a parade, excellent trading position, HERTFORDSHIRE

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. (25 % delivery) with a Gross profit of 60% approx.

ACCOMMODATION: YES, accommodation is included, you must click the 'Contact Broker' button for additional details.

STAFFING: The business is at present operated by the vendor with 5 full time and 3 part time staff employed.

We are informed the wage bill averages £2,500p.w. approx.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,950 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, ACCOMMODATION DETAILS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold

Living Accommodation:

Accomodation Included