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Reference R6426

Bangladeshi Restaurant in East London For Sale

Bangladeshi Restaurant in East London For Sale
Bangladeshi Restaurant in East London For Sale Buy a Bangladeshi Restaurant in East London For Sale Sell a Bangladeshi Restaurant in East London For Sale

Register to see map and to make an appointment Situated in a parade, residential & office area, CITY OF LONDON

Turnover 5,000
Price 90,000

Features

Established Bangladeshi Restaurant

SINGLE FRONTED PREMISES with tiled floor, ceiling lighting plus 1 air conditioning unit. Tables & chairs providing seating for 37 persons.

LEVEL KITCHEN with tiled floor, stainless steel cladding to walls (cooking area) plus tiled walls. Tandoori oven (not used at present), 6-burner gas cooker with double oven, double sink & drainer, walk-in coldroom etc.

Stairs to basement

Ladies' & gentlemen's coakrooms each with w.c. & wash hand basin

Storage area with 3 deep freezers

Turnover

WE ARE INFORMED the turnover averages 5,000/6,000 p.w. including takeaway.

Staff

The business is at present operated by 2 partners on a full time basis with the assistance of 3 chefs plus 3 kitchen porters plus in the restaurant area 2 part time waiters.

Trading Hours

Monday - Friday inclusive - 11.30 a.m. - 11 p.m.
Saturday & Sunday - 1 p.m. - 11 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 32,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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