Price:
Leasehold - £45,000
Location:
London, South London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire an old established Indian Restaurant which has been in the same hands for the past 10 years and in our opinion has tremendous potential for further development in the right hands. Also in our opinion there is potential for other types of cuisine, if desired.
ATTRACTIVE RESTAURANT with woodstrip floor, ceiling with inset lighting. Air conditioning unit. Tables and chairs providing seating for 32 persons. Attractive bar with wine rack, mirror-backed shelving, sink.
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Level kitchen with tiled floor. The equipment includes Tandoori oven, stainless steel extractor unit, 8-burner gas cooker, stainless steel tables, double sink and drainer, stainless steel fridge, chest deep freeze etc.
Staff w.c. and wash hand basin plus stock area.
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
We understand the premises are held on a secure renewable lease for a period of 9 years at a current rental of £16,500 p.a. exclusive of rates for the next year, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £4,000 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
Situated in a parade, excellent main road trading position, LONDON, SW
Monday - Saturday inclusive - 5.30 p.m. - 11.30 p.m.
Sunday opening - 12 noon - 11.30 p.m.
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