Turnkey Licensed Restaurant in Sutton For Sale

Situated in a parade, main road trading positiion, SUTTON, SURREY

Price £250,000

Features

Turn-key Ready Licensed Indian Restaurant (presently Closed) with Two Self Contained Flats

ATTRACTIVE DOUBLE FRONTED RESTAURANT with laminated strip floor, ceiling lighting.

Tables & chairs providing seating for 68 persons.

BAR with 1 hand pump, 1 double door plus 1 single door glass fronted counter fridges.

Ladies' cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with tiled floor & tiled walls plus stainless steel cladding to walls (cooking area), stainless steel extractor, stove with 2 burners, tandoori oven, plate warmer, clay oven, double basket deep fat fryer, grill, microwave, 2 stainless steel single door fridges, chest freezer, drinks fridge, under counter fridge, commercial food mixer, double sink & drainer, stainless steel preparation table, etc.

Storeroom

Turnover

We are advised, when trading the business achieved sales of £5,000 p.w.

Accommodation

The accommodation comprises 2 SELF CONTAINED FLATS, both of which have been recently renovated, and let on a room by room basis, EACH FLAT EARNING £3,500 p.c.m. However we understand vacant possession can be given if required.

Each FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

4 Bedrooms (3 doubles, 1 single)
Bathroom with w.c. & wash hand basin
Kitchen

Outside

Garden at rear.

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 5 years (next review 2027) at a current rent of £50,000 p.a. With rent rental income received for the flats THERE IS A RENTAL SURPLUS OF £34,000 p.a.

Business Rates from April 2026 TBC. (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote