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(REF: SU000894)  Freehold Restaurant - Addlestone
 
Seller Reference: SU000894
B4S Reference: 28571
Asking Price: £385,000
Net Profit: Undisclosed
Sales Revenue: £130,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Addlestone, Surrey, United Kingdom
  Business Summary   
  BUSINESS  
Established by the present owner as a take-away only in 1993, the property was then converted to an Indian restaurant in 2008.
The restaurant opens lunch times and evenings, serving a wide range of East Bengal style dishes including curries, Tandoori dishes, vegetarian stews, biryani, and various sea foods flavoured with fresh herbs and holds a premises licence till 12.30am, offering a selection of wines, bottled beers and spirits.
Deliveries are undertaken within a 3 mile radius
 
BUSINESS PREMISES  
This mid terraced property is presented over three floors and arranged as follows:
Ground Floor
Outside - The premises enjoy a fully glazed frontage with a glazed entry door, a glazed inner door, electric security shutters and a fascia board above.
Inside - The restaurant (3.7m x 10.3m) is carpeted with a feature ceiling, wall lights, spotlights and downlights and is equipped to include: an air-conditioning unit, 9 tables and chairs to seat 30 people with the present arrangement, a bar/serving counter with an electronic till, a sink, an optics stand, a towel warmer, a hot cupboard, a bottle fridge and an external door to the rear of the property. There is a passageway with a coat store leading to:
Gentlemen's Toilet - fully tiled with a WC, a wash hand basin and a window to the side of the property.
Ladies Toilet - fully tiled with disabled facilities, a WC, a wash hand basin and a window to the side of the property.
Through to:
Kitchen - (6.0m x 2.6m) fully tiled and equipped to include: stainless steel worktops, an 8-burner double gas cooker, a tandoori oven, 2 hot-cupboards, 2 microwaves, a double deep bowl stainless steel sink and drainer, stainless steel shelving, a gas combi-boiler, a stainless steel canopy and extractor fan, a fridge/freezer, a stainless steel fridge, a wash hand basin and an external door to the rear of the property.
Cellar - a single chamber, accessed via a trap door to the rear of the property
 
PRIVATE ACCOMMODATION  
First Floor
Landing
Shower Room - with a shower cubicle and WC. Staff Room
Bathroom - with a bath/shower and WC.
This is for the use of the flat tenant. Stairs to:
Second Floor
At the time of our visit it was not possible to view this area but we understand it consists of
2 rooms and a kitchen, currently let for an incoming rent of £7,200 pa.
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.
 
TENURE  
The entire property is offered for sale, freehold.
 
RATES  
We understand that the business rates payable are £1,037 pa.
 
TRADE  
We are advised by our client that the weekly sales average £2,500.
The financial side of the business will be discussed at a viewing of the business and a formal meeting with the owner
 
HOURS  
12 noon to 2.00 pm and 5.00pm to 11.00pm
6 days per week - closed Tuesdays.
 
STAFF  
2 full-time,
2 part-time
1 owner full-time
 
STOCK  
The Vendor informs us that the value of the stock is approximately £3,500
 
  Property Information   
  Property: Freehold
 
  Living Accommodation: No
  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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