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Reference R1437

Indian Restaurant / Takeaway & Car Wash Site in Sheffield For Sale

Indian Restaurant / Takeaway & Car Wash Site in Sheffield For Sale
Buy a Indian Restaurant / Takeaway & Car Wash Site in Sheffield For Sale Sell a Indian Restaurant / Takeaway & Car Wash Site in Sheffield For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential, office and commercial area, SOUTH YORKSHIRE SHEFFIELD

Turnover 5,000
Price 70,000

Features

Spacious Licensed Indian Restaurant Plus Takeaway Plus Car Wash Business (rental Income From Car Wash Business)

SPACIOUS SINGLE FRONTED LICENSED RESTAURANT. Air conditioning/heating, wood strip floor, suspended ceiling with spotlighting. Tables and chairs providing seating for 70 people. Bar with 8 optics, 1 hand pump, electronic cash register.

Level kitchen with tiled floor. Stainless steel extractor canopy, Tandoori oven, 2 microwave ovens, charcoal grill with 3 burners, 8-burner gas cooker, deep freeze, ice cream deep freeze, double sink and drainer, 1 single sink plus drainer, wash hand basin, walk-in coldroom etc.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
In addition there is a fully tiled disabled cloakroom with w.c. and wash hand basin

We understand that a Car Wash business is operated during the day with the vendor receiving 325 p.w. rent for the use of the car park during the day in respect of the car wash business.

Turnover

WE ARE INFORMED the turnover in respect of the Restaurant averages 5,000/5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 66% approx.

Staff

The business is at present operated by the vendor with the assistance of 4 full time and 5 part time staff.

Trading Hours

Sunday - Thursday inclusive - 6 p.m. - 12.30 p.m.
Friday & Saturday - 6 p.m. - 2 a.m.

Outside

Car parking for 16 cars.

Tenure

We understand the premises are held on a secure renewable lease from the private landlord, the present lease having approximately 7 years unexpired at a rental of 16,080 p.a. exclusive of rates for the next 1 years, with rent review at that time and thereafter every 3 years. (As will be appreciated with the current rental income from the car wash in the region of 16,900 p.a. there is at present a profit rental of 820 p.a. exclusive of rates).

Uniform Business Rates: 6,734 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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