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Well fitted LICENSED RESTAURANT (Indian/Nepalese cuisine)

Price:
Leasehold - £85,000
Turnover:
Register to view
Seller Ref:
R2465
Location:

Surrey

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Surrey
Indian restaurants for sale in Surrey
Other takeaways for sale in Surrey
Fast food 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 : IMPRESSIVE LICENSED RESTAURANT (new shop front approximately 5 years ago). Trading since 1984 as a Nepalese restaurant. Good regular customers. The only restaurant in the area catering in Nepalese cuisine. Refurbished in 2010 throughout – NEW electrics, NEW plumbing, NEW Central heating, NEW Double glazing. Attractive quality lino floor, (stone effect). Tables and chairs providing seating for 46 persons. Ceiling spotlights. Bar with hand pump, wine racks, sink and drainer.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin, mirror.
1 large upright glass fronted drinks display fridge, I large fridge/freezer (used for drinks, ice cream etc)

LEVEL KITCHEN with tiled floor and tiled walls. The equipment includes stainless steel extactor, 2 6-burner gas cookers, Tandoori oven, 2 microwave ovens, stainless steel table, 4 fridges, 1 chest deep freeze, 1 upright deep freeze, large double sink and drainer, wash hand basin etc.

Large basement suitable for storage purposes

NEW First floor storeroom with deep chest freezer.

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. (included in the turnover is takeaway and delivery). Gross profit 65% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £18,000 p.a. exclusive of rates. We understand the rent is currently under review for the next 5 years, however, the present owner does not anticipate any increase until the next rent revision.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated end of parade, occupying a corner position, busy road, densely populated residential area, SURREY
Trading Hours:
Evenings only - 5.30 p.m. - 12 midnight seven days per week
It will be appreciated upon inspectio
Accommodation:
The SELF CONTAINED accommodation, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Shower room
Cloakroom with w.c. and wash hand basin
Kitchenette area (needs fitting)

The accommodation has not been lived in since the refurbishment, hence is in EXCELLENT condition

Small yard area for the rubbish bin
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