Restaurants For Sale in 0 London

London Properties Are Pleased To Offer To The Market This Well Established Indian Restaurant Trading For 19 Years Located In A Parade In A Large Residential Area And Situated Christchurch Road In Colliers Wood & Within Walking Distance To Colliers Wood Tu

Advert Id: 56827, Sellers Ref: (SW19 2AB)
  • Location:London
  • Category:Restaurant
  • Asking Price:£155,000
  • 155000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

LOCATION:

The premises are prominently located in a parade in a large residential area and situated Christchurch Road in Colliers Wood & within walking distance to Colliers Wood Tube Station Colliers Wood Recreation Ground.

DESCRIPTION:

The premises are currently trading successfully Indian Restaurant which has been fitted out to a very high standard. The premises have the benefit of a fully fitted kitchen and prep area, his & her’s WC, first floor party hall & parking for 2 cars to rear

BUSINESS:

Since 1999, Spice of Raj has been serving the spice loving people of Colliers Wood, located on Christchurch Road, only a few moments away from Colliers Wood subway station. From time-honored Indian recipes to modern dishes with a British influence, Spice of Raj’s menu has something to appease all appetites. Those looking for a bit of spice will love the lamb tikka vindaloo, while those with a milder palate shouldn’t miss out on the korma with a half tandoori chicken served on the bone. Vegetarians will find a wide array of choices too, from mattar paneer bhuna (chick peas and Indian cheese) to aloo gobi (potatoes and cauliflower). To guarantee a table at Spice of Raj over in London’s Colliers Wood, make a reservation beforehand!

USES:

A3 with alcohol licence

PREMIUM:

£155,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL :

£55,000 per annum

TERMS:

A new full repairing and insuring lease will be granted on flexible terms

BUSINESS RATES:

£7,000 per annum. However, all interested parties are encouraged to make their own enquiries with London Borough of Merton

SIZE:

Approximately 1480 sq ft

OPENING HOURS:

Open 7 days a week between 6:00 p.m to Midnight

STAFF:

Owner managed with 4 staff

UPPER PARTS:

First floor party or function hall

TURNOVER:

Available on viewing

ACCOUNTS:

Available on viewing

LEGAL COST:

To be confirmed

LOCAL AUTHORITY:

Merton

REFERENCE CHARGE:

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS:

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE:

London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:

Through London Properties by appointment only.

MAILING LIST:

We at the London Properties Sales Team hope to be in regular contact with you to assist in your search for a suitable property. To keep our records up to date we request that you keep us informed as to the progress of your search so as to avoid any unnecessary inconvenience. Thank you for your assistance in this matter.

DETAILS BY E-MAIL:

We can send full colour sales particulars by e-mail. If you would like to receive details via this medium, please either telephone us with your e-mail address or send an e-mail to the sales team at:

[Email Censored]

FREE VALUATIONS &

MARKETING ADVICE:

We at London Properties would like to assist you with the sale of your property? Just contact the sales team and we will be pleased to offer you a free valuation and market appraisal, a service that we provide with obligation. Competitive fees are available for both sole and multiple agency instructions. Please contact the sales team on:

[Phone Number Censored]

Written quotations are available on request. Please contact this office.

REMEMBER: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP WITH

REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT.

  • Employees: OWNER PLUS 4STAFF
  • Trading Hours: Open 7 days a week between 6:00 p.m to Midnight
  • Lease Terms: A new full repairing and insuring lease will be granted on flexible terms

Enquire Now

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