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Reference R1278
Situated in a parade, excellent main road trading position, residential, office and commercial area, HAMPSHIRE. SOUTHAMPTON
Turnover £ 5,000
Price
£57,000
Features
Indian Restaurant & Takeaway
FREE PARKING TO FRONT FOR 8 CARS
DOUBLE FRONTED PREMISES in the region of 670 ft². Air conditioning with hot air. Heavy duty carpeted floor. Suspended ceiling with spotlights. Tables and chairs providing seating for 32 persons.
BAR with laminated strip floor. 2 EPOS tills, 2 drinks display fridges, ice machine.
KITCHEN. Stainless steel extractor unit, Tandoori oven, 2 fridges (new 2021), 2 freezers, 2 microwaves, 7-burner gas cooker, hot cupboard, preparation table.
Ladies' & gentlemen's toilet with w.c. and wash hand basin
Staff toilet with w.c. and wash hand basin
External stockrooms
Turnover
WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx. (50% DELIVERIES)
Staff
The business is at present operated by the vendor with 3 kitchen staff, 1
part time staff & 1 part time driver.
Trading Hours
7 Day week
MONDAY - SUNDAY 5 p.m - 10 p.m
Outside
Large rear garden
Tenure
THE VENDOR that the premises are held on a SECURE RENEWABLE lease from private landlord, granted for 15 years in 2019 with reviews every 3 years (next review 2025) at a current rent of £15,600 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £57,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 28,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Indian Restaurants for sale in Southampton
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