Licensed Persian Restaurant in Leatherhead For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, sought after EAST SURREY TOWN.

Turnover £ 10,000
Price £300,000

Features

Recently Established Licensed Persian Restaurant with Music and Late Night Licence

PRESTIGIOUS AIR - CONDITIONED PREMISES in the region of 3,000 ft², marble flooring, CCTV (20 cameras), suspended ceiling with spot lights and character chandeliers.

Customer waiting area.

Tables and chairs seating 100 customers.

BAR - 3 EPOS cash registers, under counter fridges, freezer, glass washer, wash hand basin, coffee machine (2 group) grinder, knock out drawer.

Ladies cloakroom with toilet and wash hand basin.
Gentlemen's cloakroom with toilet and wash hand basin.

Separate KITCHEN - Stainless steel extractor, large grill, pizza oven, conventional oven, 2 double basket deep fat fryers, microwave, hot lamps, 9 fridges, 2 freezers, blast chiller, dough mixer, dough roller, double sink and drainer, diswasher, 2 stainless steel preparation tables, etc.

Additional storage located on the first floor, 2 rooms with kitchen and shower room, potential to be used as living accommodation subject to planning permission and the installation of an external stair case.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. increasing, with a Gross profit of 60% approx.

There is a tremendous opportunity to increase sales with longer opening hours and the incorporation of on-line sales.

Staff

The business is at present operated by the vendor with the assisatnce of one full time and 5 part time staff.

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

Trading Hours

7 Day week
MONDAY - THURSDAY 12 noon - 10 p.m.
FRIDAY & SATURDAY 12 noon - 11 p.m.
SUNDAY 12 noon - 10 pm

The premises has a late night licence and can trade until 1 a.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a new SECURE RENEWABLE lease (private landlord) granted for 20 years in 2026 with reviews every 5 years (next review 2031) at a current rent of £38,000 p.a.

Business Rates from April 2025 TBC (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £300,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 150,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote