Leasehold Licensed Indian Restaurant in Welling, London Seating 38, Potential for Accommodation Above
Welling, London
- Status
FOR SALE
- Advert ID
631070
- Reference
C1211 / Rightbiz
- Call Agent:
- Leasehold: £69,950
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Price Reduced
- Established Business
- Potential for Alternative Use
- Prime Location
Business Details
LEASEHOLD LIC. INDIAN RESTAURANTROOMS ABOVE POSSIBLE ACCOMMODATION
LOCATION
This well established concern occupies a prime trading location fronting a major street in the the centre of Welling. The business enjoys excellent passing and local trade and serves a densley populated residential area.
BUSINESS
The business is well established and has been in the current vendors hands for 20 years. The premises are ideal for a wide range of alternative styles of cuisine.
TURNOVER
Details to be released to interested parties on viewing.
STAFF
Vendor 5 full time staff
HOURS
5.00pm to 12.00am Tues - Sat
1.30pm to 11.30pm Sun
Closed Mon
PREMISES
Mid parade premises with double frontage and single entrance to: Restaurant Area: Tastefully decorated and furnished to accommodate 38 covers at quality furniture. Rear Bar: fully equipped with Epos till system, hand wash basin. Stairs to rear vestibule giving access to Sep Ladies and Gents: WC's. Each fully tiled with hand wash basin. Kitchen: Fully tiled to the walls and floor, 2 x 4 burner range and ovens, tandoori oven, full extractor canopy, st/stl prep surfaces, hotplate, microwave oven, deep dble st/stl sink. Hand wash basin. Store room: chest freezer, walk in cold room, shelving. Door to OUTSIDE: Bin store area and parking space.
LIVING ACCOMMODATION
Accessed from rear vestibule. Stairs to first floor comprising 2 double sized bedrooms and 1 single sized bedroom. Bathroom with sep. WC. Stairs from landing to outside roof area.
Please note that the first floor is currently used as storage only and is in need of complete refurbishment and would most probably also require some steel fire stairs to be installed before it could be used as living accommodation.
TENURE
Approx 15 years remaining on a 25 year lease. Rent £11,500 per annum. (4 Year reviews)
EPC RATING
TBA
BUSINESS RATES
Nil Payable
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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