Well Fitted Multi-Cuisine Restaurant in Derby For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, DERBYSHIRE. DERBY

Turnover £ 2,500
Price £49,950

Features

Licensed Multi-cuisine Restaurant & Takeaway

NEWLY FITTED 2022
4 STAR HYGIENE RATING
6 DAYS OPENING

The business currently trades as a Asain Fusion cuisine (especially Nepalese) & Chinese, which could obviously be continued or in our opinion there is potential for other types of cuisine, if desired.

DOUBLE FRONTED PREMISES in the region of 1,585 ft². Wood strip floor, suspended ceiling with spotlights, hanging fan. Bar with hand pumps, under- counter fridge, sink. Tables and chairs providing seating for 60 persons.

Ladies' & gentlemen's toilet with w.c. and wash hand basin
Disabled toilet with w.c. and wash hand basin.

KITCHEN with stainless steel extractor unit. Tandoori oven, 12-burner gas cooker, 3 freezers, hot cupboard, 5 fridges, dishwwasher, preparation table, double sink and drainer.

Storeroom

Turnover

WE ARE ADVISED the turnover currently averages £2,600 p.w. gross profit 65%.

Staff

The business is at present operated by 2 partners with 4 full time & 2 part time staff as required.

Trading Hours

MONDAY - THURSDAY - 5 p.m - 10.30 p.m
FRIDAY & SATURDAY - 5 p.m - 11 p.m
CLOSED SUNDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £15,000 p.a.

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

THE BUSINESS IS SOLEY BEING OFFERED FOR SALE AS THE OWNER IS MOVING AWAY

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote