| (REF: R1449) Superbly Fitted Licensed Indian Restaurant |
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| Seller Reference: |
R1449 |
| B4S Reference: |
20537 |
| Asking Price: |
£125,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£286,000 |
| Number of Staff: |
4 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Surrey, South East England, United Kingdom |
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Nationwide are pleased to offer to the market : Outstanding opportunity to acquirea superbly fitted Licensed Restaurant, Indian cuisine. This Restaurant has been in the same hands for the past 20 years and in our opinion offers tremendous potential for further development in the right hands. Situated in an excellent trading position with the advantage of a large car park close by (free parking after 6 p.m).
Modern double fronted shop front to ATTRACTIVE RESTAURANT refurbished approximately 2 years ago, wood strip floor, ceiling with inset lighting. 2 air conditioning units. Tables and chairs providing seating for 52 persons. Attractive bar with 2 hand pumps.
Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
Level kitchen with quarry tiled floor, Tandoori oven, 8-burner gas cooker, 2 microwave ovens, 2 fridges, 1 chest deep freeze.
Storeroom with 2 chest deep freezes
WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
We understand the premises are held on a secure renewable lease, the present lease having approximately 12½ years unexpired at a rental of £27,000 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £4,800 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The SELF CONTAINED living accommodation at present utilized by staff, comprises:
4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Yard with 2 car parking spaces |
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Location: |
Situated in a parade, excellent trading position, SURREY |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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12 noon - 2.30 p.m. & 5.30 p.m. - 11.30 p.m. |
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The Restaurant is at present operated by the vendor with in the Restaurant area 2 full time plus 1 part time waiter and in the kitchen area 2 full time chefs, 1 cook plus 1 kitchen porter. |
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