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*REDUCED* LOVELY INDIAN RESTAURANT PLUS 3 BED FLAT INCOME - WATFORD, HERTFO

Price:
Leasehold - £89,950
Turnover:
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Seller Ref:
R2846H
Location:

Hertfordshire , N W London, Watford

Business Type:

Commercial Property, Food Service Businesses

See Other:
Indian restaurants for sale in Hertfordshire
Indian takeaways for sale in Hertfordshire
Other takeaways for sale in Hertfordshire
Restaurants for sale in Hertfordshire
Other commercial property for sale in Hertfordshire
Food service businesses for sale in Hertfordshire
Commercial property for sale in Hertfordshire
Description:
THE BUSINESS:
LOCATION: On a busy cut-through road in a residential area close to the town centre. Not far from Watford tube/train stations. Bus stops close by. There is little competition in the vicinity. Free on-street parking close by.

DESCRIPTION: This immaculately presented Indian restaurant has been expensively refurbished recently throughout, including modern lighting, granite flooring and contemporary seating. Customer toilets to one side. There is a 150 sq ft storage basement and a 20 ft long yard at the rear.

EQUIPMENT: The outside has modern signage and electric security shutters. There is a lovely welcoming 40ft x 28ft open plan seating area for 52 and a 200 sq ft kitchen area to the rear. The kitchen is newly equipped and includes a cooker, oven, steel prep tables, freezer, walk-in refrigerator, coffee machine (leased), digital till & sound system.

BUSINESS: Takings are £3,500 per week with potential for more as it is recently opened and alcohol is currently not served. The family owners are supported by 3 FT and 1 PT staff. The staff earn approx £830 p.w.

HOURS: 12pm – 2.30 pm then 5.30pm – 11pm (7 days)

ACCOMM: There is a 3 bedroom flat above the restaurant with its own separate entrance which is currently let at £13,200 p.a. This includes an open plan lounge, 2 kitchens and 2 bathrooms.

TENURE: Lease commenced in 10/2007 for a term of 15 years and the current rent is £21,000 per annum with reviews every 4 years.

RATES: Business rates payable are approx £6,000 p.a.

NEGOTIATIONS: Strictly through Abacus Business Sales on 020 8144 7999

UP TO 100% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).

Visit www.AbacusBusiness.co.uk for lots of other businesses for sale NOT SEEN ANYWHERE ELSE.

PLEASE REGISTER with us right now so we can arrange a viewing for you today.

WE WILL SUPPLY YOU FULL DETAILS AND ARRANGE A VIEWING FOR YOU WHEN WE RECEIVE YOUR COMPLETED REGISTRATION FORM.
Location Details:
LOCATION: On a busy cut-through road in a residential area close to the town centre. Not far from Watford tube/train stations. Bus stops close by. There is little competition in the vicinity. Free on-street parking close by.
Lease Terms:
TENURE: Lease commenced in 10/2007 for a term of 15 years and the current rent is £21,000 per annum with reviews every 4 years.
Trading Hours:
HOURS: 12pm – 2.30 pm then 5.30pm – 11pm (7 days)
Accommodation:
ACCOMM: There is a 3 bedroom flat above the restaurant with its own separate entrance which is currently let at £13,200 p.a. This includes an open plan lounge, 2 kitchens and 2 bathrooms.
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Business Documents:
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