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Licensed Restaurant For Sale

Undisclosed Surrey
Occupying a corner position, end of parade, residential and commercial area, SURREY
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71864
ADVERT IMPRESSIONS : 10,373 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£49500
 

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BUSINESS DETAILS:

Features : 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 gentlemen's 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.

Location : Occupying a corner position, end of parade, residential and commercial area, SURREY

Opening Hours : Sunday, Monday & Tuesday - 12 noon - 11 p.m.
CLOSED WEDNESDAY
Thursday, Friday & Saturday - 12 noon - 11 p.m.

Turnover : 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.

Tenure : 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

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Small yard with rear access

Staff : 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.
   
  FOR SALE
   

REFERENCE:

R3148 / RightBiz
   
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ENQUIRIES:

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