Ultra Modern Indian Restaurant in Middlesex For Sale

Occupying a prominent trading position, residential, office and commercial area, Middlesex.

Turnover £ 4,500
Price £80,000

Features

Modern Licenced Indian Restaurant

6 DAYS OPENING
4 STAR HYGIENE RATING
OVER LOOKING THE RIVER THAMES

REAR OPPORTUNITY FOR A DELIGHTFUL PREMISES in the region of 835 ft², laminated strip floor, ceiling with hanging lights. Bar with 1 Tap, cash register. Tables and chairs providing seating for 40 People

Toilet with w.c. and wash hand basin.

Lower Ground Floor in the region of 250 ft² with Tables and chairs providing seating for 20

People Toilet with w.c. and wash hand basin.

Kitchen with stainless steel extractor unit, Tandoori oven, microwave, Deep fryer, Oven, hot plate, fridges, freezers, preparation table., glass washer, dishwasher.

Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 65% approx. (including online sales)

Staff

The business is at present operated by the vendor with 4 full time staff employed.

Trading Hours

6 Day week
MONDAY - THURSDAY 1pm - 9.30pm
FRIDAY & SATURDAY 1pm - 10.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2019 with reviews every 4 years (next review 2027) at a current rent of £31,200 p.a.

Business Rates from April 2024 £2,200 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote