Indian Restaurant and Takeaway in Hornchurch For Sale

Situated in a parade, busy road, ESSEX HORNCHURCH

Turnover £ 5,000
Price £55,000

Features

Attractive well Fitted Licensed Restaurant

Trading as Indian cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

ATTRACTIVE SINGLE FRONTED RESTAURANT carpeted. 3 air conditioning / heating units. Tables & chairs providing seating for 55 persons. BAR.

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

LEVEL KITCHEN with tiled floor & tiled walls. The equipment includes stainless steel extractor, Tandoori oven, 6-burner gas cooker with oven, microwave oven, dishwasher, double sink & drainer, walk-in coldroom etc.

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. including takeaway & deliveries. The business is at present members of Just Eat & Deliveroo whom we understand undertake the deliveries.

Staff

At present operated under management. Staff employed 1 manager, 3 chefs, 1 kitchen porter. Restauant area 3 waiters.

Trading Hours

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

Outside

Yard at rear with storeshed

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new 15 years lease, 5 yearly reviews at a rent of £32,000 p.a.

Uniform Business Rats: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote