Restaurant/cafe for sale

Arii Property Group calls out all business & restaurant owners. We bring to the market this successful Indian restaurant in the heart of Hornchurch High Street.

The business has been a family run Indian restaurant which has been operating over 20 years. The business has built an established platform of customer base and presence by becoming a real gem in the area and to its community. With a vintage look, the premise comprises a grand bar, customer toilets, kitchen area, restaurant seating area of an impressive 60 people.

The business also benefits with a 1 bedroom flat with shared parking at the rear.

Located on a busy parade of shops and businesses, there is easy access to parking facilities for Indian restaurant around the area allowing loading/deliveries or staff to park with ease in the bustling area of Hornchurch.

The fully licensed restaurant currently holds an A3/A4/A5 license (For the sale of food and drink for consumption on the premises) and a late alcohol licence allowing alcohol to be sold.

While Hornchurch train station is a short bus ride, the business is close to all amenities.

To consider:

Rent - £25,000 pa (Per annum)
Premium - £65,000 for the benefit of the lease and all fixtures and fittings.
Business Turnover- Enquire via office
Usage - A3/A4/A5 License
Lease - 15 year new lease provided (open lease)
Business Rates - tbc - interested parties are also advised to make their own enquiries to the local authority.

Deposit

*Interesting parties will be required to pay a non-refundable deposit to the marketing agent. The deposit will be set off against the agreed purchase price on completion of a sale. In the unlikely event that the vendor withdraws from a sale, deposits will be repaid in full.
However, in the event that a purchaser reneges on the agreed terms and conditions of a sale and purchase, the deposit/s will be forfeited

Please contact us to arrange a viewing.