Indian Restaurants for sale in South London

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Well Established Indian Restaurant & Takeaway in South London

South London, London, England

  • Leasehold Price: £100,000
  • Weekly Turnover: £4,000
Seller Reference: NB-R9578
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Business Description
 
 
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Seller Reference: NB-R9578
Request Details
Business Description
Nationwide welcomes to the market this WELL ESTABLISHED LICENSED INDIAN RESTAURANT & TAKEAWAY ONLY AT PRESENT. Situated in a parade, excellent trading position, SE LONDON.

This well established Indian Restaurant has been in the same hands for the past 25 years and there are genuine reasons for sale.

In our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.

ATTRACTIVE DOUBLE FRONTED RESTAUANT with woodstrip floor, ceiling with spotlighting. Air conditioning/heating. Tables & chairs providing seating for 35 persons. BAR with 1 hand pump, 1 single door glass fronted fridge, sink.

Fully tiled ladies' & gentlemen's cloakrooms

LEVEL KITCHEN with quarry tiled floor, tiled walls, stainless steel extractor system, Tandoori oven, 6-burner gas cooker with oven, 2 commercial microwave ovens, 2 fridges, 3 chest deep freezers, 1 large stainless steel table, 1 small stainless steel table, double sink & drainer, wash hand basin etc.

Turnover : WE ARE INFORMED the turnover, takeaway only, at present is currently in the region of £4,000 p.w. previously £6,500/£7,000 p.w pre covid-19. In our opinion offering further potential to increase in the right hands.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN 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 : £100,000 (R9578)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
INTERNAL STAIRCASE to first floor area comprising at present 2 rooms plus shower room with shower.

It will be appreciated upon inspection that there is potential to provide a separate rear access to the first floor & to convert the first floor rooms into a self contained flat, which in our opinion could command a good rental income, if not required for personal use.Rear access with parking
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