Licensed Indian Restaurant in Kent For Sale

Situated in a Parade, excellent trading position, residential area, Kent.

Turnover £ 10,000
Price Offers

Features

Licensed Indian Restaurant

ZERO PREMIUM

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

SINGLE FRONTED PREMISES in the region of 2,365 ft² with spot lights, carpeted (heavy duty) floor, 3 x Air conditioning with hot air. Bar with 2 Taps, glass washer, Tables and chairs providing seating for 115 People, CCTV system (3 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Tandoori oven, 2 x deep fryer, Oven, Cooker (Gas 5-burner), double sink and drainer, fridges, freezers, 2 x microwave, hot plate, plate warmer.

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

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

Stock room.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 10 full time & 2 part time staff plus 1 driver.

Trading Hours

7 Day week
MONDAY - THURSDAY 5pm - 11pm
FRIDAY & SATURDAY 5pm - 11.30pm
SUNDAY 4pm - 10pm

Tenure

The vendor 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 £104,000 p.a. + VAT for the first 5 years.


Business Rates from April 2025 £11,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1988, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

ZERO PREMIUM TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.