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(REF: SU000881)  Indian Restaurant With Accomm - Croydon
 
Seller Reference: SU000881
B4S Reference: 28570
Asking Price: £45,000
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
  Business Summary   
  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
 
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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