| (REF: R2686) Spacious Indian Restaurant |
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| Seller Reference: |
R2686 |
| B4S Reference: |
26708 |
| Asking Price: |
£95,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| Number of Staff: |
8 |
| 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 : Please note the premises are not licensed for the sale of wines, beers and spirits, in our opinion there is terrific potential to introduce a Restaurant Licence, obviously subject to obtaining the necessary premises licence and personal licence.
IMPRESSIVE & SPACIOUS DOUBLE FRONTED RESTAURANT with double door, attractive procelain tiled floor, ceiling with inset lighting. Tables and chairs providing seating for 60 persons. Stainless steel extractor with stainless steel cladding to walls, 5 compartment hot display cabinet, 2 plate warmers, cool display unit, counter, electronic cash register, 2 upright glass fronted drinks display fridges (including 1 on loan), sink and drainer.
Stairs to large basement with tiled floor in our opinion ideal for additional seating area and with tables and chairs for approximately 70 persons.
To the rear of the restaurant are 2 KITCHENS 1 with Tandoori oven plus 6-burner gas cooker. The second kitchen with 4 large single burners, in addition there is a walk-in coldroom, 5 fridges plus 1 deep freeze.
Ladies & gentlemens cloakrooms each with w.c. and wash hand basin plus additional cloakroom with baby changing facilities.
WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of a Restaurant Licence for the sale of beers and wines.
We understand the premises are held on 2 separate leases.
Lease number 1, 20 Surrey Street, we understand has approximately 20 years unexpired at a rental of £20,000 p.a. exclusive of rates, with rent revisions. We understand included in this lease is a rear brickbuilt outbuilding comprising a shop with first floor and w.c. (potential for subletting, if desired).
Lease number 2, 21 Surrey Street, we understand is for a period of 15 years from December, 2006 at a current rental of £17,000 p.a. exclusive of rates, with rent reviews every 5 years.
Uniform Business Rates: £13,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.
TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS £95,000 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 SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING comprises:
Over 21 Surrey Street - First floor -
2 large rooms
Half landing
Kitchen with fitted units
Shower room with shower, w.c. and wash hand basin
Second Floor -
2 additional large rooms
Second set of accommodation situated over 20 Surrey Street comprises:
First Floor
Kitchen
1 large room
bathroom with bath, w.c. and wash hand basin plus separate w.c.
Half landing
2 single bedrooms
Second Floor -
2 additional double bedrooms
It will be appreciated upon inspection that there is potential for sub-letting the accommodation, if desired.
Small yard. |
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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 - 11 p.m. seven days per week |
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At present operated by the owner with the assistance of 6 full time staff. |
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