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Reference R3047
Turnover £ 4,000
Price
£60,000
Old Established Indian Restaurtant
NO ALCOHOL LICENCE
5 STAR HYGIENE RATING
SINGLE FRONTED PREMISES in the region of 525 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with spot lights. Bar with cash register. Tables and chairs providing seating for 45 People.
Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 6-burner), fridges, freezers, microwave, preparation table.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin.
Stock room / Store room.
WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (25% online sales)
The business is at present operated by the 2 partners with 3 full time 2 part time staff.
7 Day week
MONDAY - SUNDAY 5pm - 10.30pm
Rear yard
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2025 with reviews every 4 years (next review 2029) at a current rent of £13,350 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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