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Reference R3118
Turnover £ 5,000
Price
£75,000
Nepalese and Indian Resturant and Bar
6 DAYS OPENING
5 STAR HYGIENE RATING
Tables and chairs providing seating for 60 People
DETACHED DOUBLE FRONTED CATERING PREMISES in the region of 1,600 ft² with laminated strip floor, spot lights, Air conditioning with hot air. Bar with 1 draft, under counter drinks display fridge (glass fronted double-door), CCTV system (4 cameras, 1 monitor).
Kitchen with stainless steel extractor unit, Cooker (Gas 8-burner), Tandoori oven, preparation table, fridges, freezers, microwave, dishwasher, etc.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin..
Basement in the region of 85 ft², used for storage purposes
WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (£1,500 via portals)
The business is at present operated by the vendor plus father & uncle with 3 full time staff employed.
6 Day week
TUESDAY - FRIDAY 4.30pm - 10pm
FRIDAY & SATURDAY 4.30pm - 10.30pm
SUNDAY 4.30pm - 9pm
THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating. The accommodation comprises:
4 double Bedrooms
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.
Parking space for 6 car.
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2021 with reviews every 3 years (next review 2027) at a current rent of £23,400 p.a.
Business Rates from April 2026 £3,250 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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