BYO Indian Restaurant in Middlesex For Sale

Situated in a parade, high street trading position, MIDDLESEX

Turnover £ 6,000
Price £80,000

Features

Unlicensed Indian Restaurant (presently Byob)

OFF STREET PARKING FOR 10 CARS

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,145 sq. ft. Plasterboard ceiling with spotlights, laminate wood effect flooring. New air conditioning installed 2022. Tables & chairs providing seating 42 pesons. BAR, cash register, display stands for spirits, double door under-counter fridge. CCTV 16 cameras.

KITCHEN,tube lights. 2 full extractors, oven, 3-burner hob, 2 burner Chinese hob, 3 griddles, 1 deep freezer, 3 fridges, wet grinder, mixer, 2 table top fridges, double sink & drainer.

Outdoor catering equipment. Indian cooking equipment, extra/spare utensils & others.

2 toilets (1 for customers' & other used as store)

2 Stockrooms

Coldroom (not utilised)

Turnover

WE ARE INFORMED the turnover averages £6,000 p.w. Gross profit 65% approx. (20% takeaway).

Staff

At present operated by the vendor with the assistance of 2 full staff (chef & front of house). Wages paid £1,000 p.w.

Trading Hours

6 DAY WEEK
Wednesday - Monday 12 noon - 10 p.m.
Takeaway from 11 a.m. - 10 p.m.

Accommodation

IN THE FORM OF A FLAT ABOVE, comprising:

2 Double bedrooms
Fitted kitchen
Living room
Bathroom with bath, sink & toilet

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR the premises are held on a 10 years lease from 2022, reviews every 5 years (next review 2027) at a rent of £25,500 p.a.

Uniform Business Rates: £4,500 approx. (Please contact local authority to confirm)

WE UNDERSTAND THE BUSINESS HAS BEEN ESTABLISHED SINCE 2022 AND SOLELY OFFERED FOR SALE AS MOVING COUNTRY, DUE TO TRANSFER

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£12,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote