Indian Restaurants for sale in London

View the "INDIAN RESTAURANT A3-A5 FULLY LICENSED/EAST LONDON/Ref NO:24924" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

INDIAN RESTAURANT A3-A5 FULLY LICENSED/EAST LONDON/Ref NO:24924

London, England

  • Leasehold Price: £200,000
  • Weekly Turnover: £10,000
Seller Reference: 24924
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 24924
Request Details
Business Description
INDIAN RESTAURANT A3 – A5 FULLY LICENSED/EAST LONDON/Ref NO:24924
LOCATION: The premises is located on a main road position in East London near to hostel, bed & breakfast, college, theatres, residential location along with office nearby. The premises is situated at a walking distance to overground station and bus stop making it easily accessible location.
DESCRIPTION: Long established for 20 years, single fronted large floor area serving authentic Indian food restaurant opportunity to acquire this well-established restaurant business serving authentic Indian cuisine. The restaurant benefits 70 covers serving on a floor area of 1000 sqft, fully licensed bar area, the restaurant has a fully fitted kitchen with an area of 200 sqft, separate toilets for ladies & gents, large basement for storage, cold storage, rear storage area, and fire exit. Protentional to extend early hour and serving breakfast and lunch. No competition nearby.
The premises come with accommodation of two bedrooms having a separate entry which is under rented can achieve £1400 p.m.
USES: A3-A5 with an alcohol license
BUSINESS: £7000 to £10000 per week
PREMIUM: £200,000 for the goodwill, fixtures & fittings.
RENTAL: £23000 per annum
RATE: £12000P.A.
TERMS: Leasehold 10 years remaining with rent review every 5 years.
BUSINESS HOURS:05.30 to 12.00p.m.
Trading hours:
05.30 p.m. to 12.00 p.m.
Number of employees:
3
Tenure:
Leasehold
Is accommodation included?:
Yes
Number of bedrooms:
02
Competition:
No
Location Details:
The premises is located on a main road position in East London near to hostel, bed, and breakfast, college, theatres, residential location along with office nearby. The premises is situated at a walking distance to over ground station and bus stop making it easily accessible location
Leasehold Term:
Leasehold 10 years remaining with rent review every 5 years.
Listed by:
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