Licensed Indian Restaurant in Surrey For Sale

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

Turnover £ 7,500
Price £92,500

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 £7,500 p.w. with a Gross profit of 65% approx. (45% DELIVERIES)

Staff

The business is at present operated by the vendor with 4 full time staff employed. with the assistance of 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

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £31,500 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £92,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 46,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote