Punjabi Restaurant in Essex For Sale

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

Turnover £ 7,000
Price £97,500

Features

Punjabi Restaurant (closed Due To Ill Heath)

CLOSED APRIL 2026

DOUBLE FRONTED PREMISES in the region of 950 ft² WITH ELECTRIC SHUTTERS, tiled floor, spot lights and will lighting, Air conditioning with hot air. Bar with under counter drinks display fridge (glass fronted upright), CCTV system (5 cameras, 1 monitor). Tables and chairs providing seating for 70 People

Kitchen with stainless steel extractor unit, Cooker (Gas 6-burner), deep fryer (2 pan), Tandoori oven, Oven, deep freeze, under counter fridge, double sink and drainer, preparation tables, grill (2 burner), griddle (3 burner), microwave oven (commercial), microwave oven (commercial), milkshake machine, Coffee Machine (Bean to Cup), juicer machine, Dough mixer.

Preparation room

Walkin cold-room.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover was £7,000 p.w. prior to closing

Outside

Shared Parking for 10 car to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2017 with reviews every 3 years (next review 2029) at a current rent of £20,000 p.a. + VAT

Business Rates from April 2026 £1,423 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 48,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote