Licensed Indian Restaurant

Price:

Leasehold - £65,000

Turnover:

Seller Ref:

CL001195

Location:

London, N Lonsdon, Islington

Business Type:

Food Service Businesses

See Other:

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

Description:

THE BUSINESS:

Currently trading as an Indian Restaurant but decor allows for conversion to any style of A3 operation.
Operated by the owner with the assistance of various staff having built up a fine reputation in the area.
Benefiting from an alcohol license.
Advised turnover c£4,000-£5,000 per week working on a Gross Profit c65%.

Location Details:

Located in the heart of the desirable vibrant district of Islington. Main shopping location with a mixture of retail shops (many multiple stores), restaurants and offices. Underground stations approx. ½ mile in distance both north and south. Easy access to the West End and City.

Lease Terms:

New full repairing and insuring Lease available, terms negotiable. Rent £55,000 per annum. Business rates c£14,505 pa.

Trading Hours:

Open 7 days a week. 12pm-2.30pm and 6pm-12am.