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Large Indian Restaurant With Covers Hove Sussex For Sale

Brighton & Hove, East Sussex, UK
Asking Price:
£125,000
Sales Revenue:
£312,000
Cash Flow:
Available on request

This popular Indian restaurant is located on a main road in Hove which benefits from a high footfall of local residents throughout the day and is in
a thickly populated residential area and is surrounded by a variation of many different retail and catering outlets. An Indian restaurant has been located here since 1971 and during this time they have established an excellent good will with many repeat customers. The vendor has decided to sell the business so that he focus on other business opportunities.

Property Information

Property:

Leasehold

Lease Terms:

The entire ground floor premises will be held on a new 7 year full repairing and insuring lease at a commencing rental of £35,000 per annum. The landlord would also consider a longer term in future.

Location:

This popular Indian restaurant is located on a main road in Hove which benefits from a high footfall of local residents throughout the day and is in
a thickly populated residential area and is surrounded by a variation of many different retail and catering outlets.

Premises Details:

The double fronted ground floor premises comes to the market in excellent condition. The decor is warm and inviting and comes to the market with a wealth of trade fixtures and fittings, which the vendors have confirmed are all owned outright by them and nothing is on hire or lease. There is seating for 55 covers inside. There is a fully fitted bar to rear of the premises and his adjacent to fully fitted kitchen to the rear of the premises. The kitchen is in excellent condition and has full extraction, with stainless steel units throughout. There is also access to the service road at the rear of the premises via the kitchen, which is ideal for deliveries drivers to collect take away orders. There are also separate ladies and gents’ toilets to the rear of the seating areas. The restaurant also has access to plenty of on street parking for customers

Planning Consent:

ALCOHOL LICENCE: Premises licence number - - 1445/3/2019/02047/LAPRET. PLEASE NOTE: At present the vendor doesn’t wish to sell alcohol, however the licence is active should the new owners wish to do this.
Sale by Retail of Alcohol
Alcohol consumed: Both on and off the premises
Times: 10:00:00 - 01:00:00 Every Day

Business Operation

Expansion Potential:

yes

Reasons for selling:

Other business interests.

Trading hours:

The business trades during the hours of 5pm-10pm -everyday apart from Tuesday when it is closed.

Employees:
4 full time and 2 part time members of staff and 2 delivery drivers.
Years established:
50 years

Other Information

Support & training:

yes

Related Documents:

Contact Watkins Commercial

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