Indian Street Food Restaurant in Surrey For Sale

Excellent main road trading position, densely populated commercial and office area, SURREY

Turnover £ 8,000
Price £130,000

Features

North Indian Street Food Restaurant

8 STAR HYGIENE RATING
TOTAL SEATING FOR 40 PEOPLE

DOUBLE FRONTED PREMISES in the region of 975 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, spot and hangin lighting, sales counter, EPOS till. Tables and chairs providing seating for 20 People, CCTV system (8 cameras, 1 monitor).

Open plan kitchen area with stainless steel extractor unit, Oven, gas Hob, microwave, Rice cooker, 4 x fridge, 3 x freezer, stainless steel preparation table.

Disabled Toilet with w.c. and wash hand basin.

Basement in the region of 375 ft² with Tables and chairs providing additional seating for 20 People.

Staff room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 65% approx. (50% VIA PORTALS)

Staff

The business is at present operated by 2 full time & 3 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 10.30am - 10pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 9 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £20,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

Business Rates from April 2025 £3,200 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote