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Well Established Licensed Indian Restaurant And Takeaway In SE London For Sale

Crystal Palace, London, UK
Asking Price:
£60,000
Turnover:
£260,000
Net Profit:
Undisclosed

This well established indian restaurant has been in the same hands since 1996 and there are genuine reasons for sale.

In our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.

Attractive double fronted restaurant in the region of 588 ft² with woodstrip floor, ceiling with spotlighting. Air conditioning/heating. Tables & chairs providing seating for 35 persons. Bar with 1 hand pump, 1 single door glass fronted fridge, sink.

Fully tiled ladies' & gentlemen's cloakrooms

level kitchen with quarry tiled floor, tiled walls, stainless steel extractor system, tandoori oven, 6-burner gas cooker with oven, 2 commercial microwave ovens, 2 fridges, 3 chest deep freezers, 1 large stainless steel table, 1 small stainless steel table, double sink & drainer, wash hand basin etc.

Location: situated in a parade, excellent trading position, se London

turnover: we are informed the turnover, takeaway only, at present is currently in the region of £4,500/£5,500 p.w. In our opinion offering further potential to increase in the right hands.

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 the assistance of restaurant area 3 full time waiters, when trading as a restaurant. Kitchen area 1 chef, 1 tandoori chef, 1 cook, 1 kitchen porter. In addition 3 drivers are employed for deliveries.

Price: to include the secure lease, goodwill, fixtures & fittings £60,000 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