| (REF: R3148) Licensed Restaurant |
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| Seller Reference: |
R3148 |
| B4S Reference: |
32172 |
| Asking Price: |
£45,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£182,000 |
| Number of Staff: |
Send enquiry for more details. |
| 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 : Established as Indian cuisine approximately 14 months ago, previously we understand the premises traded for 15 years as Malaysian cuisine. As stated at present Indian cuisine, which could obviously be continued and in view of the excellent trading position in our opinion there is potential for other types of cuisine, if desired.
ATTRACTIVE DOUBLE FRONTED RESTAURANT with laminated strip floor, ceiling with inset lighting, wall lighting. Tables and chairs providing seating for 25 persons. BAR with 1 hand pump, optics, wine rack, sink, glasswasher, double door glass fronted counter fridge, electric cash register etc.
Half tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
LEVEL KITCHEN the equipment includes 5-burner gas cooker, griddle, Tandoori oven, 1 commercial microwave oven, 2 fridges.
REAR SECTION with double sink and drainer, 2 stainless steel fridges
Stairs to basement comprising 2 storerooms plus additional area with 2 chest deep freezes.
WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 24 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £2,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 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: |
Small yard with rear access |
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Location: |
Occupying a corner position, end of parade, residential and commercial area, 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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Sunday, Monday & Tuesday - 12 noon - 11 p.m.
CLOSED WEDNESDAY
Thursday, Friday & Saturday - 12 noon - 11 p.m. |
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The Restaurant is at present operated by the vendor on a full time basis with the assistance of his brother on a part time basis plus 3 part time staff. |
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