Nepalese & Indian Restaurant in Kent For Sale

Situated in a parade, High Street trading position, KENT

Turnover £ 5,500
Price £65,000

Features

Licensed Nepalese & Indian Restaurant & Takeaway

Public Car Park nearby (Pay & Display)

6 DAYS OPENING

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 525 ft², CCTV (4 cameras), Hardwood floor, suspended ceiling with LED lighting.

Tables and chairs seating 40 people.

Bar - Cash register, coffee machine, under counter fridges, etc,

SEPARATE KITCHEN - Stainless steel extractor, hob, oven, rice cooker, microwave, heated cabinet, grill, plate warmer, 2 fridges, chest freezer, double sink and drainer, stainless steel preparation table, etc

Unisex cloakroom with toilet and wash hand basin.

Lareg store room / Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,500 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Husband & Wife team with family assistance as required.

Trading Hours

6 Day week
WEDNESDAY - MONDAY 12 noon - 10 pm
CLOSED TUESDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2022 with reviews every 3 years (next review May 2025) at a current rent of £12,000 p.a.

Business Rates from April 2024 £5,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote