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DETATCHED INDIAN RESTAURANT, WOODFORD GREEN, ESSEX

Woodford Green, London
Status
FOR SALE
Advert ID
212445
Reference
E7611RB / Rightbiz
Leasehold Price: £165,000

LOCATION:  In a truly great affluent town on the borders of Essex, surrounded by enjoyable forests, lakes, country parks and open spaces, the restaurant is on a very busy high road within a 15 minute walk to the station. In an excellent position which would also suit multiples.

DESCRIPTION:  By far the best deceptively spacious restaurant in the area, a detached 1,150 sq ft premises with a front forecourt providing additional outside seating. Inside, there is the bar with a waiting section followed by the main 50 cover restaurant and ladies and gents wc’s. To the rear is the large kitchen with a wash up section, a walk in cold room and staff wc. To the rear is the yard with a large stock room and side access for deliveries plus off street parking for 2 cars.

BUSINESS: In the same hands 30 years, run by the owners with full time and part time staff. Taking £5,000 pw at 65% g,p. Owners now propose to retire.

EQUIPMENT:  Fully equipped for the trade including a double glass front fridge, a 8 burner gas cooker and a 7 burner cooker, a tandoori oven, 2 hot cabinets, an industrial microwave, a walk in cold room, furniture, etc.

HOURS:  Evenings only. 5 pm to midnight.

TENURE:  A new negotiable renewable 20 year lease is available with 5 yearly reviews at an initial rent of £36,400 pa.

RATES:  £3,600 pa. payable.

VIEWINGS/NEGOTIATIONS: Strictly through PEGASUS BUSINESS SALES on 020 7935 3939  

Listing Details
Location: Woodford Green, London
Sector: Indian Restaurants, Restaurants, Take Aways Businesses
Key Features
  • Attractive Business
  • Retirement Sale
  • Fully Fitted
  • Unique Business
  • Offers Invited
  • Established Business
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Advert Reference: E7611RB / Rightbiz

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