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Spacious well fitted LICENSED RESTAURANT

Price:
Leasehold - £80,000
Turnover:
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Seller Ref:
R7344
Location:

Surrey

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in Surrey
Restaurants for sale in Surrey
Indian restaurants for sale in Surrey
Indian takeaways for sale in Surrey
Food service businesses for sale in Surrey
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a spacious Licensed Restaurant, at present Indian cuisine, which could obviously be continued, and indeed, in view of the excellent trading position in our opinion there is potential for other types of cuisine, if desired.

Spacious Restaurant, air conditioned, with attractive wood strip floor. Tables and chairs providing seating for 70 persons. Wall and ceiling lighting. Bar. Reception area with seating for 6 persons.

Large level kitchen with industrial non-slip floor. Well equipped including 1 8-burner gas cooker, 1 6-burner gas cooker, tandoori oven, 1 commercial microwave oven, stainless steel tables, double sink and drainer, wash hand basin, 2 chest deep freezes, 1 upright Fosters deep freeze, 2 upright Fosters fridges etc.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

WE ARE INFORMED the turnover currently averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

We understand the premises are held on a secure renewable lease from a private landlord having 7 years unexpired from September, 2006 at a rental of £17,500 p.a. exclusive of rates for the next 2½ years, with rent to be agreed thereafter.

Uniform Business Rates: £7,000 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent trading position, SURREY
Trading Hours:
Sunday - Thursday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m.
Friday & Saturday - 12 no
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