Indian restaurant for sale in Elmpark Hornchurch with included fixtures and leasehold opportunity

Description

This Indian restaurant is a well-established business located in Elm Park, Hornchurch, London. The business has an 18-year trading history and has developed a strong reputation along with a loyal customer base. It is offered for sale at an asking price of £110,000, with an annual turnover of approximately £143,000.The annual rent is £27,000, making this a highly attractive leasehold opportunity for prospective buyers. The business has also shown an increase in turnover over the past year, demonstrating positive growth and improving profitability.The decision to sell is due to the current owner relocating following a family move, as their daughter has begun university in Liverpool. The owner has held the business for the past year and is now focusing on this next chapter.Although the immediate surrounding area has limited additional retail and hospitality amenities, the restaurant benefits from its established position within Elm Park, which continues to support steady trade and strong local recognition.The sale includes all fixtures and fittings required for continued operation, allowing a smooth transition for the incoming owner.The property also includes a three-bedroom flat, with the accommodation rental value contributing approximately £1,750 per month.