Search more Restaurants for sale in Brentwood
Reference R6597

Indian Restaurant in Brentwood For Sale

Indian Restaurant in Brentwood For Sale
Buy a Indian Restaurant in Brentwood For Sale Sell a Indian Restaurant in Brentwood For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, ESSEX BRENTWOOD

Price 80,000

Features

Attractive Indian Restaurant Plus Takeaway & Delivery

Grade II Listed Building

SINGLE FRONTED 80 SEATER RESTAURANT. Ground floor front room with wall & ceiling lighting, tiled floor. Tables & chairs providing seating for 16 persons.

SECOND RESTAURANT AREA with tiled floor, wall & ceiling lighting. Tables & chairs providing seating for 24 persons.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Stairs to first floor MAIN RESTAURANT AREA with woodstrip floor, ceiling lighting. Tables & chairs providing seating for 44 persons.

FIRST FLOOR KITCHEN with non-slip floor, tiled walls, stainless steel extractor system, 6-burner gas cooker with double oven, 2-burner gas hob, 1 commercial plus 1 domestic microwave oven, 1 stainless steel fridge.

Stockroom with 2 white commercial fridges, 2 chest deep freezers

Turnover

WE UNDERSTAND the business enjoys a good turnover, full details of which will be discussed upon inspection.

Staff

At present operated by the vendor on a part time basis with the assistance of 8 full time & 2 part time staff.
It will be appreciated upon inspection that with more active owners, the wage bill could be reduced.

Trading Hours

5 p.m. - 11 p.m. seven evenings per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a current rental of 22,500 p.a. exclusive of rates. We understand the rent has recently been reviewed and we are further advised that the rent reviews are every 5 years.

Uniform Business Rates: 8,000 p.a. approx.

WE UNDERSTAND THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 22 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 80,000 plus STOCK AT VALUATION
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

Search more Restaurants for sale in Brentwood

Buy an Indian Restaurant in Brentwood For Sale on NationwideBusinesses.co.uk