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Reference R3051
Turnover £ 5,500
Price
£80,000
/
£610,000
Licensed Indian Restaurant
4 STAR HYGIENE RATING
Detached property in the region of 1,260 ft² with carpeted (heavy duty) floor, spotlights. Bar cash register, Tables and chairs providing seating for 70 People, CCTV system (4 cameras).
Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 8-burner), fridges, freezers, stainless steel preparation tables, microwave, hot plate, double sink and drainer.
Stock room.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin..
Staff Toilet with w.c. and wash hand basin..
WE ARE INFORMED by the owner the turnover currently averages £5,000 - £6,000 p.w. with a Gross profit of 65% approx. (NO PORTALS & NO DELIVERIES)
The business is at present operated by the vendor's brother with 5 full time & 1 part time staff.
7 Day week
MONDAY - SUNDAY 5.30pm - 11.30pm
THE (OPTIONAL) SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating. The accommodation comprises:
8 Bedrooms (6 double, 2 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.
Parking space for 15 car.
The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease with rent reviews every 5 years at a rent of £19,500 p.a. for the first 5 years. (to Include the Restaurant and Car Park)
The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new at a rent of £26,000 p.a. for the first 5 years. (to Include the Restaurant and Car Park & ACCOMMODATION)
Business Rates from April 2026 £800 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS (no accommoation) £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS (including accommodation) £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £550,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 40,000 (lease) £ 427,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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