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Reference R6985

Indian Restaurant in Rickmansworth For Sale

Register to see map and to make an appointment Excellent trading position, HERTFORDSHIRE RICKMANSWORTH

Turnover 5,500
Price 80,000

Features

Spacious Licensed Restaurant

The restaurant has been in the same hands for the past 37 years & is now solely offered for sale due to the vendors retirement.

ATTRACTIVE DOUBLE FRONTED RESTAURANT with woodstrip floor, ceiling with spotlighting. Tables & chairs providing seating for 50 persons.

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

LEVEL KITCHEN with tiled floor & tiled walls, stainless steel extractor, Tandoori oven, 8-burner gas cooker, walk-in coldroom, fridge, double sink & drainer etc.

Turnover

WE ARE INFORMED the turnover averages 5,500/6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The restaurant is at present operated by the vendor with assistance of 3 chefs, 2 waiters,

Trading Hours

Monday - Thursday - 5 p.m. - 11 p.m.
Friday & Saturday - 5 p.m. - 11.30 p.m.
Sunday opening - 5 p.m. - 11 p.m.

Accommodation

The SELF CONTAINED accommodation over the restaurant, comprises:

3 Bedrooms (1 double, 2 singles)
Bathroom with bath, w.c. & wash hand basin
Lounge

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 25 years full repairing and insuring lease at a rental of 35,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 4,334 p.a. approx.

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

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