Long established INDIAN REATAURANT
Price:
Leasehold - £67,000
Location:
London, South London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : SUMMARY:
• PRICE (LEASEHOLD) £79,500
• SIZE 62.8(M²) / 676.(Ft²)
• GROSS PROFIT 65%
• TURNOVER £3,000p.w.
DESCRIPTION:
SINGLE FRONTED, Air conditioning with hot air, sales counter, laminated strip floor.
• Tables and chairs providing seating for 48 People.
• Kitchen, Tandoori oven, microwave, 2 x fridge, 2 x freezer, stainless steel extractor unit, hot plate, work surfaces (stainless steel), double sink and drainer
• Stock room / Store room..
• 2 x Toilet with w.c. and wash hand basin.
We have not had sight of the account but WE ARE INFORMED by the vendor :
• Turnover averages £3,000 p.w.
• Gross profit 65% approx.
The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 20 year lease with Reviews every 4 years
• RENT £16,000 p.a.
THE VENDOR HAS ADVISED THAT:
• BUSINESS RATES from APRIL 2011 payable: £2,700 (Please contact local council to confirm)
• WATER RATES (METERED).
TO INCLUDE THE NEW, GOODWILL, FIXTURES & FITTINGS
£67,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Situated in a Parade, excellent main road trading position, residential, office and commercial area, S.E. LONDON.
7 Day week (Monday - Saturday) 12pm - 2pm - 5.30 - 12pm
Sunday 12pm - 12am
Paved patio area to front with Tables and chairs providing seating for 16 People.
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