Licensed Thai Restaurant in Surrey For Sale

A well established family run Thai restaurant situated in a terraced property with an attractive forecourt in the heart of Village. The location offers an excellent trading position within a mixed residential, office and commercial area in Surrey.

Turnover £ 2,450
Price £72,500

Features

Licensed Thai Restaurant

The business has been operating successfully for approximately 22 years and has built a strong reputation within the local community for authentic Thai cuisine. It benefits from fully fitted premises, including a commercial kitchen capable of supporting a comprehensive Thai menu, enabling a new owner to continue trading immediately without the need for significant additional investment.

Over its many years of operation, the restaurant has developed a loyal base of repeat customers, complemented by passing trade from the surrounding residential neighbourhoods and commuters using Tadworth railway station.
The owner is now bringing the business to market due to retirement.

5 STAR HYGIENE RATING
4 EVENINGS OPENING

Premises: SINGLE FRONTED RESTAURANT in the region of 650 ft² with a tiled floor, ceiling with spot lights, air conditioning including hot air.

Seating: tables and chairs for up to 42 covers.

Bar equipment: digital phone and broadband, bar stool and counter, filter coffee machine, 2 fridges, single sink unit, glasswasher, ice machine.

Kitchen equipment: (4.1m x 3.05m - in the region of 135 ft²), stainless steel extractor unit, Chinese Cooker (5-burner), 3 commercial microwaves, 2 commercial deep fat fryers, salamander grill, fridge, 3 chest freezers, dishwasher, 2 stainless steel preparation tables, double sink and drainer.

Fridge Room 2.1m x 1.85m. (in the region of 40 ft²)

W/C facilities: Ladies' & gentlemen's toilet, each equipped with a wash basin and hand dryer.

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000-£2,700 p.w

Staff

The business currently operates with:

4 staff members, including 1 part-time staff member.

This structure supports both kitchen operations and front-of-house service.

An incoming owner may choose to maintain the existing team or restructure staffing depending on their level of involvement.

Trading Hours

4 evening week
WEDNESDAY - THURSDAY 6pm - 9pm
FRIDAY - SATURDAY 6pm - 10:00pm

There is the potential to open 6-7 days a week, covering both lunch and dinner service.

Outside

Rear garden

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2018 with reviews every 4 years (next review 2026) at a current rent of £13,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £72,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 36,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote