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Indian Restaurant In Staines With Two Upper Flats For Sale

Staines, Surrey, UK
Asking Price:
£60,000
Sales Revenue:
£156,000
Cash Flow:
Available on request

Restaurant Business for Sale in Staines with Two (02) upper flats (optional)

Main Features

1242 Sq Ft Restaurant Unit
Grant of New 16 years FRI lease
Two (02) Separate Upper Flats
Option of with or without upper flat
High Street Location

Lease Details

Lease: Grant of new 16 years lease
Rent: 25,000 PAX (ground floor shop with 4 staff rooms at the rear)
Rent: 40,000 pax (shop & upper flat)
Rent Review Term: Every 4 years
Premium (without flat): £60,000 (Goodwill, Lease & FF&E)
Premium (with flat): £85,000 (Goodwill, Lease & FF&E)

Trading Details

Turnover: £3,000 (to be verified)
Partner with Deliveroo, JustEat & Uber Eats.
Own online ordering website
Description: We have been informed that current gross sales are in the region of £3,000 per week including dine-in, takeaway and delivery. Currently our client manages the restaurant with 4-5 staff in the kitchen and 3-4 FOH staff.

The Location

Staines, TW18
Busy High Street
Several Retail Shops & Eateries nearby
Elmsleigh Shopping Centre: 0.2 mile
Staines Train Station: 0.3 mile
Staines Premier Inn: 0.1 mile
Description: The subject business is situated on a busy High Street of Staines with multiple residential and commercial redevelopments in recent years. Within a walking distance of the Elmsleigh Shopping Centre and Premier Inn Hotel, we believe the property has a huge potential for both restaurant and takeaway business.

The Premises

Covers: 50
Air Condition
Total Area: Circa 1242 sq ft
Restaurant Use
Commercial Gas & Extraction
Premises Licence
Permitted Hours: 12pm till 11pm & Sunday 12pm till 10:30pm
Rateable Value: £13,500 (Payable £3,000 per year with relief)

Description: Fully fitted and well presented 50 cover restaurant is suitable to any kind of cuisine or takeaway. Recently refurbished wooden floor spread over the restaurant and WC with plaster board ceiling with fitted Air-Condition. Spacious kitchen with fully functional 10 burner cooker and extraction. It also benefits from fridge, freezer, hot plate warmer and clay oven tandoor.

Viewings & confidentiality

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

Disclaimer

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Property Information

Property:

Leasehold

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