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Old Established Licenced Indian Restaurant For Sale

Essex, UK
Asking Price:
£140,000
Turnover:
£208,000
Net Profit:
Undisclosed

6 DAYS OPENING

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 700 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, spot lights, Air conditioning with hot air. Bar, cash till, Tables and chairs providing seating for 48 People, CCTV system (8 cameras).

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 8-burner), preparation table, hot plate, double sink and drainer, fridge, freezer., microwave, etc

Stock room with fridge, freezer & deep freeze.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

LOCATION: Situated in a parade, main road trading position, close to Tube Station and Bus Stops, ESSEX

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (25% VIA PORTALS)

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 2 full time & 2 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 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