Leasehold Indian Restaurant Located In Newquay

Leasehold Indian Restaurant Located In Newquay
Two Self Contained Flats
External Seating
Ref 2797

Location
This established Indian Restaurant is located within a busy parade of shops on one of the main thoroughfare roads in Newquay town centre. Newquay is one of the nation's favourite seaside towns, exudes the laid back atmosphere you would expect from a town perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. It's a place where all the family gets to relax and enjoy a proper holiday. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort - all wrapped up in the most fantastic coastal scenery.

Asking Price: £79,950 plus SAV (£1,000)

Business Description
Veritas Business Sales are delighted to offer for sale this established Indian Restaurant & Takeaway which is located in the Cornish seaside town of Newquay. There has been a restaurant on this site for over 30 years with the current business being there for the past 2 years. Reluctantly the business is now being offered for sale due to the owners concentrating on their other business interests.
Since ownership they have completely refurbished the premises and continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Indian Kitchen is overseen by the owner but operated by a team of 5 full time members of staff and has an annual turnover of circa £200,000. The restaurant is renowned locally for their distinctive, authentic Indian dishes many of which are signature which can be enjoyed in the 50 seater restaurant or during the summer months in the external seating area to the front of the building. The property also benefits from two self contained flats that have previously been used as offices.
We believe that this prime location offers huge potential and as such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Monday – Sunday – 5:00pm – 11:00pm

Leasehold
Original term: 12 years
Remaining: 4 years
Rent: £22,000 pa
Rates: Zero

Ground Floor
Restaurant & bar (7.6m x 4.9m) comprising: 8 tables with chairs to cover (24), various wall mounted pictures, granite top bar, coffee machine (Morphy Richards), till, under counter drinks fridge (Gamko), under counter fridge (Beko), glasswasher (Newscan), drinks fridge (Gamko), various shelving, twin wash basin and storage cupboards.
W/C with wash basin, wall mounted mirror and baby changing unit.
Rear restaurant (5.7m x 6.4m) comprising: 12 tables and chairs to cover (25), 3 under counter drinks fridges (Samsung), various wall mounted pictures and large wall mounted mirror.
Kitchen (5.6m x 3.8m) comprising: 12 burner cooking range, tandoori oven (Shaan),hot plate ( Blue Seal), microwave (Delonghi), extraction canopy, single deep fat fryer, salamander grill (Blue Seal), 2 door chiller with salad prep bar (Adexa), stainless steel prep table, hot lights unit, stainless steel cupboard with hot lights, various stainless steel shelves, dual sink with drainer, upright stainless steel double door freezer (Williams), various pots, utensils, and hot plate.
Storage cupboard (2.5m x 1.5m) with various shelving and cellar equipment.
Pot wash area (1.9m x 5.8m) comprising: wash basin, coffee machine (Jura), dual commercial sink with directional hose, chest freezer (Haier), dishwasher ClassEQ), under counter fridge (Igenix) and upright fridge (Fridgemaster).

External
Frontage with tables & chairs to cover (24). Rear car park for (4) cars.
EPC Rating C

First Floor
Restaurant toilets
Gents with urinals, 2 x W/C’s and 2 x wash basins.
Ladies with 2 x W/C’s, 2 x wash basins and a wall mounted mirror.
Flat 1 or Office
Office 1 (4.9m x 6.0m)
Office 2 (1.5m x 2.0m)

Second Floor
Flat 2 or Office
Kitchen (3.3m x 2.3m)
Lounge (5.6m x 3.8m)
Bedroom (4.0m x 4.2m)

Third Floor
Office 3 (4.1m x 5.6m)
Office 4 (3.7m x 3.7m)