Unlicensed Indian Restaurant in Buckinghamshire For Sale

Residential area, adjacent to main bus station, close to stadium and hospital, BUCKINGHAMSHIRE

Turnover £ 2,000
Price £90,000

Features

Unlicensed Indian & Sri Lankan Restaurant

LARGE PUBLIC CAR PARK

6 DAYS OPENING

5 STAR HYGIENE RATING

Outside seating for 8 customers.

SINGLE FRONTED PREMISES in the region of 550 ft², CCTV, Tiled flooring, suspended ceiling with character chandeleirs.

Tables and chairs for 22 customers (could be increased.)

Sales counter with cash drawer, with under counter freezer.

Customer cloakroom with toilet and wash hand basin.

KITCHEN - Stainless steel extractor, Electic lincat cooker (6 ring burner) oven, combi oven, 4 rice cookers, microwave, double basket fryer, ice cream maker, 2 fridge/freezers, under counter freezer, chest freezer, 2 sinks and drainer, stainless steel preparation table, etc.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with family assistance.

Trading Hours

6 Day week
TUESDAY - SATURDAY 6 p.m. - 9 p.m.
Lincensed until 11 p.m.
CLOSED MONDAY

Outside

Bin store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £18,600 p.a.

In addition we understand there is a Service charge of £1,900 p.a. approx.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote