Indian Restaurant, Hammersmith, London W6

Price:

Leasehold - £175,000

Seller Ref:

1102

Location:

London

Business Type:

Food Service Businesses

See Other:

Indian restaurants for sale in London
Indian takeaways for sale in London
Food service businesses for sale in London

Description:

THE BUSINESS:

Indian Restaurant
Hammersmith, London W6

The Business is an established Indian restaurant specialising in southern and northern Indian cuisine. The restaurant is well presented in a modern style with a glamorous bar area and a mix of booth and regular seating areas.

The premises are superbly located with an outstanding trading position on Hammersmith’s main High Street, King Street. Heading away from the underground station along King Street, the restaurant is the first independently owned restaurant on the strip.

The accommodation includes a huge 8 bedroom apartment above over three floors in addition to the basement kitchen.

With a trading history extending over ten successful years, the Business offers a valuable database of clients and an excellent reputation locally.

The Business offers a substantial annual turnover with strong gross and adjusted net margins and is offered for sale with the potential to increase the restaurant size to accommodate a further 50 covers. Our clients estimate building works would cost around £40,000.

Our Clients would be prepared to factor handover and after sale consultancy into formal sale negotiations.

Financials: W/T: £8,000 Estimated
G/P: 65% Estimated

ASKING PRICE: £175,000

REF: 1102