Licenced Indian Restaurant in Kent For Sale

Situated in a parade, sought after residential area, ORPINGTON, KENT.

Turnover £ 3,250
Price £60,000

Features

Old Establined Licenced Indian Restaurant & Takeaway

6 DAYS OPENING
5 STAR HYGIENE RATING

AMPLE CUSTOMERS CAR PARKING IN FRONT OF PARADE (FREE FROM 6.30pm)

SPACIOUS & IMPRESSIVE PREMISES in the region of 1,800 ft² with carpeted with Wood flooring, ceiling with LED spotlighting. Tables & chairs providing seating for 55 persons. BAR with 1 double door counter fridge, sink and seating for 8 people, cash register

LARGE LEVEL KITCHEN with quarry tiled floor, stainless steel cladding to walls, stainless steel extractor, Tandoori oven, 10-burner gas cooker with oven, hot cupboard, preparation table, double door stainless steel fridge, fridge, chest deep freezer, double sink & drainer, wash hand basin etc.

Toilet with w.c. and wash hand basin.

Small Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 - £3,500 p.w. with a Gross profit of 60% approx. (NO PORTALS)

Staff

The business is at present operated by the vendor with 2 full time staff employed.

Trading Hours

6 Day week
TUESDAY - SUNDAY 5pm - 10pm

Outside

Rear Access

Tenure

The private landlord subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 15 years full repairing and insuring lease with rent reviews every 5 years at a rent of £40,000 p.a. for the first 5 years.

Business Rates from April 2025 £5,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote