Contemporary Indian Restaurant in Harrow For Sale

Situated in a parade, close to multiples including Tesco, MIDDLESEX HARROW

Turnover £ 12,000
Price £250,000

Features

Impressive Contemporary Indian World Buffet Bar

SPACIOUS GLASS FRONTED PREMISES in the region of 4,900 sq.ft. Porcelain floor tiled throughout. Suspended ceiling with LED lights and character chandeliers. Air conditioning units warm and cool air. 50 tables with chairs comfortably seating 220 customers. 3-75" LG tv's. 1 advertisement screen. 29 buffet chafing. 50 tables, 220 chairs. Full EPOS system. 2 under-counter drinks display fridges.

OPEN PLAN KITCHEN. Stainless steel extractor with noise and UV filters. The equipment includes 1 4-burner grill, 1 2-burner wok, 2 microwaves, 2 fryers, 1 5-burner stove, 2 counter fridges, 2 display fridges, 1 large food warmer, 2 small food warmer, 1 curry cooler/stove, 1 large ice cream machine, 1 pizza oven, 1 Rational steamer/oven, 1 doner machine, 1 Tandoori oven, 1 dough mixer, 1 Aristone boiler, 4 stainless steel tables, 3 hand wash taps, 3 large sinks.

Walk-in coldroom
Walk-in Freezer
6 shelving stands

Turnover

WE HAVE BEEN INFORMED by the vendor the turnover currently averages £12,000/£13,000 p.w. Gross profit 60%

Staff

Run under management. Manager plus 5 full time staff

Trading Hours

Monday - Sunday 11.30 a.m. - 10 p.m.

Outside

2 allocated parking spaces
Rear service road providing general parking

Tenure

We are informed the premises are held on a 15 years lease, 14 years to run, 5 yearly reviews (next review 2028) at a current rent of £90,000 p.a.

Uniform Business Rates: £40,000 p.a.after hospitality business rates relief.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND OFFERED FOR SALE DUE TO OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote