Licenced Indian Restaurant in Surrey For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Surrey.

Turnover £ 8,000
Price £120,000

Features

Old Established Licenced Indian Restaurant

4 STAR HYGIENE RATING

Ample customer's car parking as there are no parking restrictions in front of shop.

SINGLE FRONTED PREMISES in the region of 975 ft² with marble tiled floor, ceiling with spot lights, Air conditioning with hot air. Bar, EPOS till. Tables and chairs providing seating for 65 - 70 People, CCTV system (1 camera).

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

Kitchen, stainless steel extractor unit, Tandoori oven, Gas 10-burner Cooker, fridge, 3 freezer, 2 x hot plate, double sink and drainer, sink.

Stock room, 2 fridge, shelving.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 65% approx. (45% DELIVERIES)

Staff

Family run business with 4 full time staff & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 5pm - Midnight

Accommodation

THE SELF CONTAINED ACCOMMODATION requires modernisation. The accommodation comprises:

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

Outside

Parking space for 2/3 car, Garage

Tenure

The vendor's mother owns the Freehold and subject to satisfactory references are prepared to grant a new 10 years full repairing and insuring lease with rent reviews every 5 years at a rent of £31,500 p.a. for the first 5 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1994, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote