Contemporary Indian Restaurant For Sale
- Portsmouth, Hampshire, United Kingdom
Price Reduced
Summary
- Asking price:
- £95,000
- Sales revenue:
- £233,297
- Net profit:
- < £100k
- Years established:
- 3
- Employees:
- 6 x F/T & 2 x P/T
Business Description
Situated in a busy High Street in a Portsmouth Suburb that boasts an extensive seafront with tourist attractions and a wide variety of retail outlets. 2 Storey mid-terraced lock up premises. This popular and attractive restaurant has built a reputation for it’s menu with customers and gained 3 recent awards to back this up. Attractively laid out and decorated the restaurant also benefits from a unique contemporary menu. 60 covers with max capacity up to 70 occupying the ground and first floors. Winner of 3 recent local awards for cuisine, ambience & service · Potential to open lunch-times · Home delivery service in place · Fully licensed · Potential savings for working partnership · Busy High Street with retail, food and drinking outlets
Property Information
- Property:
- Leasehold
- Lease terms:
- We are advised by the vendor that the 25 year lease commenced in 2003 with 3 yearly rent reviews. The current rent is £ 14000 pa
- Location:
- Situated in a busy High Street in a Portsmouth Suburb
Other Information
- Reasons for selling:
- Other business interests
- Trading hours:
- 5.00pm - midnight 7 days a week
- Financing available:
- Our recommended broker , an independent broker specialising in business purchases can help you obtain the right finance for your circumstances. Please contact us on 0845-050-4518 and we will connect you to him.
- Fixtures value:
- Undisclosed
- Stock value:
- Undisclosed
- Related documents:
-
Document
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