Old Established Licensed Indian Restaurant | | Undisclosed Surrey | | Situated in a parade, excellent main road trading position, SURREY | | ADVERT NUMBER : 39745
ADVERT IMPRESSIONS : 25,191 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £50000 | | | | | BUSINESS DETAILS: | Features : Established, we understand as an Indian Restaurant in 1969 and in the present hands since 1992 and now offered for sale due to the vendor's retirement. Obviously the restaurant could continue as Indian cuisine, and in our opinion there is potential for other types of cuisine, or possible a Wine Bar, if desired. SPACIOUS RESTAURANT fully carpeted. Tables and chairs providing seating for 60 persons (it will be appreciated upon inspection that there is potential to extend the Restaurant at rear to increase the capacity to in excess of 100 persons). The Restaurant has wall and ceiling lighting. Bar. Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basinKitchen at rear with tiled floor. Tandoori oven, 8-burner chester gas cooker, stainless steel tables, 1 microwave oven, double sink and drainer, 5 fridges, 2 deep freezes.Staff toilet and wash hand basinLocation : Situated in a parade, excellent main road trading position, SURREYOpening Hours : Lunches - 12 noon - 2.30 p.m. - evenings 6 p.m. - 12 midnight seven days per weekTurnover : WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease in respect of the restaurant only at a rental of £18,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Alternatively, subject to satisfactory references, the vendor is prepared to grant a new 16 years full repairing and insuring lease in respect of the restaurant with accommodation over at a rental of £28,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.Uniform Business Rates: £6,500 p.a. approx. + water rates (metered)PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 o.n.o. plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : Available as an optional extra is a SELF CONTAINED MAISONETTE over, comprising:6 Bedrooms (3 doubles, 3 singles)Bathroom with bath, w.c. and wash hand basinAdditional Bathroom with bath, w.c. and wash hand basinKitchenStaff : The Restaurant is at present operated by the vendor with the assistance of 1 full time chef plus 1 tandoori chef, 3 part time waiters/kitchen staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
