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Well-Established Air-Conditioned Indian Restaurant For Sale

South London, London, UK
Asking Price:
£300,000
Turnover:
£416,000
Net Profit:
Undisclosed

6 DAYS OPENING

DOUBLE FRONTED PREMISES, in the region of 1,750 ft², Hardwood flooring, suspended ceiling with spot lights and pendants.

Customer waiting area.

Tables and chairs seating 80 / 90 people.

BAR - EPOS cash register, 9 Beer pumps, under counter fridges, ice maker, glass washer, wash hand basin, etc.

KITCHEN - Stainless steel extractor, Double basket deep fat fryer, Tandoori oven, 4 burner hob, plate warmer, microwave, under counter fridges, under counter freezer, double sink and dra\iner, stainless steel preparation tables, etc.

Disabled access cloakroom with toilet and wash hand basin.

Store room.

Boiler Room.

Stairs to BASEMENT, in the region of 1,600 ft²

Ladie's cloakroom with toilet and wash handbasin.

Gentlemen's cloakroom with toilet and wash handbasin.

Secure store room.

PREPARATION KITCHEN - Dough mixer, mincer, stainless steel preparation tables, double sink and drainer, etc.

Walkin fridge

Walkin freezer

Secure drink store / Beer Cellar.

Staff rest area.

Office.

Utility room.

LOCATION: Situated in a Parade, excellent trading position, residential, office and commercial area, SW LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. - £8,000 p.w. with a Gross profit of 65% approx.

STAFFING: The business is at present operated by the Husband & Wife team with the assistance of 3 full time and 3 part time staff employed.

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

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £300,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

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

Property Information

Property:

Leasehold