Licensed Indian Restaurant in Surrey For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, SURREY

Turnover £ 6,000
Price £150,000

Features

Impressive Licensed Indian Restaurant

SINGLE FRONTED AIR CONDITIONED PREMISES, in the region of 950 ft², Tiled flooring, with feature pendant and wall lighting.

Tables and chairs seating 34 people.

Bar with Epos cash register. 2 hand pumps. Under counter fridges, under counter freezer, glass washer, 2 ice machines, mirror back shelving, wash hand basin.

Kitchen - Tube lighting. Stainless steel extractor, 9 burner gas hob, oven, 2 microwave, 2 tandoori ovens, 2 sink basket deep fat fryer, wok burner, 2 fridges, 1 freezer, double sink and drainer, diswasher, stainless steel preparation tables, etc.

Ladies and Gentleman's coloakrooms with toilet and wash hand basin.

Staff cloakroom with toilet and sink.


Stairs to Basement, in the region of 700 ft² - Used for storage.

Washing machine.

Walkin freezer, 3 freezers.

Beer cooler.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the 2 partners with 5 full time and 2 part time staff employed.

We are informed the wage bill averages £2,000p.w. approx.

Trading Hours

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

Outside

Parking for 1 vehicle.

Bin store

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £36,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE SEPTEMBER 2023

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote