Well presented Indian Restaurant in Hampshire For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, Hampshire.

Turnover £ 7,000
Price £150,000

Features

Well Presented Licensed Indian Restaurant

6 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 895 ft² with laminated strip floor, hanging lights, Air conditioning with hot air. Bar, EPOS till. Tables and chairs providing seating for 45 People, CCTV system (8 cameras).

Kitchen with stainless steel extractor unit, Tandoori oven, double oven, Cooker (Gas 9-burner), refrigerated prep counter, fridge, freezer, dishwasher, hot cupboard, plate warmer, dosa plate, double sink and drainer and dough maker.

Toilet with w.c. and wash hand basin.

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 65% approx. (5% ONLINE SALES)

Staff

The business is at present operated by the Staff, 2 chefs with 1 full time and 3 part time staff.

Trading Hours

6 Day week
WEDNESDAY - MONDAY 12 noon - 2.30 pm then 5.30pm - 10 pm

Outside

Rear yard plus couple of storage sheds

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £22,000 p.a. + VAT

Business Rates from April 2025 £9,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote