Licenced Indian Restaurant in Kent For Sale

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, Kent.

Turnover £ 3,500
Price £79,500

Features

Well Presented Licenced Indian Restaurant

6 DAYS OPENING
4 STAR HYGIENE RATING

DECKED FORECOURT WITH SEATING FOR 8 PEOPLE

BI FOLD FRONTED PREMISES in the region of 1,225 ft² with laminated strip floor, suspended ceiling with hanging & spot lights, Air conditioning with hot air. Bar with 2 pumps, EPOS till. Tables and chairs providing seating for 65 People, CCTV system (9 cameras).

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 9-burner), fridge, freezer, microwave, blender, preparation table.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

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

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 65% approx. (30% DELIVERIES)

Staff

The business is at present operated by the vendor with 4 full time staff employed plus 1 driver.

Trading Hours

6 Day week
TUESDAY - SATURDAY 5.30am - 11.30pm
SUNDAY 12 noon - 10.30pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Electric Heaters, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,700 per month . The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

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 20 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £34,000 p.a.

Business Rates from April 2025 £159 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote