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Well Fitted Licensed Indian Restaurant For Sale

East London, London, UK
Asking Price:
£195,000
Turnover:
£572,000
Net Profit:
Undisclosed

4 STAR HYGIENE RATING

NEWLY FITTED 2023

DOUBLE FRONTED PREMISES in the region of 1,945 ft² WITH ELECTRIC SHUTTERS, carpet tiled floor, suspended hanging and spot lighting. Bar with 1 tap, 5 x drinks display fridge (glass fronted), Tables and chairs providing seating for 76 People (can be expanded), CCTV system (16 cameras, 1 monitor).

Kitchen, stainless steel extractor unit, Tandoori oven, Cooker (Gas 4-burner), Cooker (Gas 12-burner), fridge, 2 x freezer, 2 commercial microwaves.

Walkin coldroom.

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

Staff Toilet with w.c. and wash hand basin.

Office.

Basement in the region of 665 ft², used for storage purposes.

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

LOCATION: Semi-detached property, excellent main road trading position, residential, office and commercial area, near large Multiplies, East London

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £10,000 - £12,000 p.w. with a Gross profit of 65% approx. (PORTAL SALES £3,000)

STAFFING: The business is at present operated by 6 full time staff & 2 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 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