Search more Indian Restaurants for sale in Essex
Reference R7926

Indian Restaurant in Essex For Sale

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

Turnover 6,500
Price 115,000

Features

Spacious Restaurant

Well fitted & trading as Indian cuisine at present. In our opinion there is potental for other types of cuisine including Turkish, Chinese, Mexican, if desired.

SPACIOUS DOUBLE FRONTED RESTAURANT with laminated strip floor, ceiling & wall lighting. 2 air conditioning/heating units. Tables & chairs providing seating for 30. BAR (not utilized at present). No alcohol is sold, in our opinion there is potential to introduce the sale of alcohol, subject obviously to obtaining the necessary Premises & Personal Licence.

Half tiled disabled cloakroom with w.c. & wash hand basin
In addition there are ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LEVEL KITCHEN with tiled floor, stainless steel cladding to walls, Tandoori oven, 8-burner gas cooker with oven, 3 fridges, stainless steel tables etc.

Turnover

WE ARE INFORMED the turnover averages 6,500 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands.

Staff

Staff employed. Kitchen area 3 chefs, 1 cook. Restaurant area 4 full time plus 1 part time staff.

Trading Hours

Sunday - Wednesday inclusive - 5 p.m. - 10.30 p.m.
Thursday, Friday & Saturday - 5 p.m. - 11 p.m.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of 27,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 7,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 57,500 (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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