Well Fitted Licensed Indian Restaurant For Sale

Description

Four-star hygiene rating. Newly fitted in 2023. Double-fronted premises measuring approximately 1,945 sq. ft, fitted with electric shutters, carpet-tiled flooring, and a suspended ceiling with hanging and spot lighting. Bar area with one tap and five glass-fronted drinks display fridges. Tables and chairs provide seating for 76 customers, with capacity for expansion. CCTV system installed with 16 cameras and one monitor. The kitchen is equipped with a stainless-steel extractor unit, tandoori oven, gas four-burner cooker, gas twelve-burner cooker, fridge, two freezers and two commercial microwaves. Walk-in cold room. Ladies’, gentlemen’s and disabled toilets, each with WC and wash hand basin. Staff toilet with WC and wash hand basin. Office. Basement measuring approximately 665 sq. ft used for storage purposes. Additional ladies’ and gentlemen’s toilets with WC and wash hand basin.

Location: semi-detached property occupying an excellent main road trading position, serving a residential, office and commercial area close to large multiple retailers in East London.

Turnover: the owner advises that current turnover averages between £11,000 and £12,000 per week, with an approximate gross profit margin of 65%, including portal sales of £3,000.

Staffing: the business is currently operated by six full-time and two part-time members of staff.

Price: £300,000 to include a secure renewable lease, goodwill, fixtures and fittings, plus stock at valuation. A substantial loan is available to an approved applicant.