Nationwide welcomes to the market this SPACIOUS LICENSED INDIAN RESTAURANT. Situated in a parade, excellent trading position, residential and commercial area, KENT.
PREMISES 1,937.5ft² (180M²) (Including Basement)
LARGE DOUBLE FRONTED PREMISES. Tables & chairs providing seating for 70 persons, Air conditioning with hot air, suspended ceiling with concealed lighting, carpet tiled and laminated strip floor.
KITCHEN with Tandoori oven, stainless steel extractor unit, 2 new fridges, additional fridge, sink, 12-burner cooker, 2 x hot cupboards, 3 chest freezers.
Additional Kitchen for washing up.
Stock room / Store room.
2 x Basements, used for storage purposesTurnover :
WE ARE INFORMED by the owner the turnover currently averages £6,000 / £7,000 p.w. with a gross profit of 65% approx. Split of turnover pre corona 50% restaurant 50% takeaway. We are further advised pre corona the turnover was in the region of £8,000/£9,000 p.w.
TO INCLUDE THE NEW LEASE TOGETHER WITH 1 FLAT, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, 2 FLATS, GOODWILL, FIXTURES & FITTINGS £695,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £120,000 Freehold : £695,000 (R9584)
Is accommodation included?:
FLAT 1 (USED BY STAFF):
THE ACCOMMODATION entrance via the shop. Electric Heaters, double-glazed windows over 2 floors:
3 Bedrooms (2 double, 1 Single)
Bathroom with bath, w.c. and wash hand basin
Flat 2 (FREEHOLD OPTION ONLY):
THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop with Gas Fired Central Heating, Double-glazed windows in good condition over 2 floors, at present let on a shorthold tenancy providing a rental income of £900 per month: THE ACCOMMODATION comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basinLarge rear yard.