| (REF: SU000881) Indian Restaurant With Accomm - Croydon |
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| Seller Reference: |
SU000881 |
| B4S Reference: |
28570 |
| Asking Price: |
£45,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£130,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Croydon, Surrey, United Kingdom |
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BUSINESS The business has been established for many years as an Indian restaurant with a takeaway service and has been in the hands of our client since 2005. The restaurant opens for lunch and evening meals, serving a wide range of South Indian dishes including Kerala Curries, vegetarian stews, Sheesh Mahal and various sea foods, flavoured with fresh herbs together with a selection of wines, bottled beers and spirits. The clientele is made up of mainly local and regular customers. PREMISES The business is housed in a mid-terraced property and arranged as follows: Ground Floor Outside - the premises enjoy a fully glazed frontage with a glazed entry door, a sun canopy with a fascia board above and a glazed inner door leading into: The Restaurant - (4.1m x 7.6m) with laminate flooring throughout and equipped with; a single chandelier, various spotlights, a curtain heater, a bar/serving counter with a cash drawer and mirror backed shelving, a sink, a filter coffee machine and eight tables with chairs, seating 32 people. Kitchen - (3.0m x 5.1m) with part tiled/stainless steel clad walls, a tiled floor and equipped to include: stainless steel worktops, a 10-burner double gas cooker, a tandoori oven, a hot-cupboard, 2 deep fat fryers, a microwave, a double deep-bowl stainless steel sink and drainer, stainless steel shelving, a combi gas boiler and a stainless steel canopy and extractor fan. Through to: Stock Room - with a tall fridge/freezer, 2 stainless steel fridges, a dry goods store, a staff WC with a wash hand basin and a further lean-to store with 2 bottle fridges, 2 chest freezers and an external door to the rear of the property. Stairs from the restaurant lead to: First Floor Landing Separate Ladies and Gents Toilets - both fully tiled with a WC and a wash hand basin. Shower Room - with a shower cubicle, a WC and a wash basin. Store Room - (3.7m x 2.6m) with an external door leading to an outside staircase, down to the yard. Stairs to Half-Landing Bedroom - with a window to the rear of the premises. Bedroom - (4.3m x 3.8m) with windows to the front of the premises. Stairs to: Second Floor Attic Room - with a dormer window to the front of the premises. Note: Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition. Please note: At the time of our inspection, access to the private accommodation was not available. OUTSIDE: To the rear of the property, there is a yard with direct access to the street. TENURE The property is held on a 25-year lease from April 2004, with 5-yearly rent reviews. The current rent payable is £12,500 pa. RATES The business rates currently payable are £2,500pa TRADE We are advised by our client that the current weekly sales are between £2,500 - £3,000. Serious buyers will be invited to work in the restaurant for a period of time in order to verify the level of takings. HOURS 12 noon - 2.30 pm and 6.00 pm - 11.30pm 7 days a week, with the exception of Friday lunchtime, when the restaurant is closed. STAFF 3 full-time 1 part-time 1 owner full-time STOCK The Vendor informs us that the value of the stock is approximately £2,000
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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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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