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Reference R2898
Situated in a Parade, excellent main road trading position, residential, office and commercial area, BEDFORDSHIRE
Turnover £ 5,000
Price
£89,500
Features
Ultra Modern Indian Restaurant (no Alcohol)
5 STAR HYGIENE RATING
SINGLE FRONTED PREMISES in the region of 875 ft² laminated strip floor, spot and LED lighting, Air conditioning with hot air. Bar with glass fronted drinks display fridge, cash register. Tables and chairs providing seating for 50 People.
Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 10-burner), dishwasher, hot cupboard, double sink and drainer, double door fridge, fridge, small deep freeze, wash hand basin, preparation table.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin.
Small Stock room.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (85% VIA PORTALS)
Staff
The business is at present operated by the vendor plus family support with 3 full time & 2 part time staff.
Trading Hours
7 Day week
MONDAY - THURSDAY 5.30pm - 10.30pm
FRIDAY & SATURDAY 5.30pm - 11pm
SUNDAY 5.30pm - 10pm
Outside
Rear yard with Parking space for 1 car.
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 2022 with reviews every 5 years (next review 2027) at a current rent of £25,000 p.a. + VAT
Business Rates from April 2025 £4,500 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 44,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Indian Restaurants for sale in Bedfordshire
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