Indian Restaurant in Berkshire For Sale

Situated in a shopping precinct, Berkshire.

Turnover £ 3,300
Price £71,000

Features

Indian Restaurant & Takeaway

Acclaimed Indian Restaurant with SINGLE FRONTED PREMISES in the region of 850 ft² with decorated lights. Tables and chairs providing seating for 40 persons.

Additional Forecourt Seating for 10 persons makes it ideal for hosting private parties and events.

6 DAYS OPENING

Currently not licensed, however in our opinion there is potential to introduce the necessary premises and personal licence.

KITCHEN. Stainless steel extractor unit, 6-burner gas cooker, microwave oven, convection oven, commercial fryer, 4 fridges, 3 freezers, double sink and drainer.

Stockroom

Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,300 p.w. with approx (50% DELIVERIES)

Staff

The business is at present operated by staff with 2 full time chefs, 1 full time front of house plus the assistance of 2 part time staff.

Trading Hours

6 Day week
TUESDAY - SUNDAY 12 noon - 3 p.m & 6 pm - 10 p.m

Outside

Dedicated Parking space for 1 car plus 100+ public car parking spaces adjacent to property.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2011 with reviews every 5 years (next review 2026) at a current rent of £25,500 p.a.plus VAT. In addition we understand there is a Service charge of £2,188 p.a. plus VAT. We further understand the private landlord is prepared to extend the lease, if desired.

Business Rates from April 2023 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £71,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote