Authentic Indian Restaurant in Wembley For Sale

Situated in a parade, excellent main road trading position, residential and commercial area, MIDDLESEX. WEMBLEY

Turnover £ 4,000
Price £35,000

Features

Authentic well Established Indian Takeaway

PARKING BAYS TO BACK & FREE STREET PARKING

6 DAYS OPENING

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS in the region of 885 ft². Tiled flooring, suspended ceiling with spotlights. Customer waiting area with seating. Sales counter, cash register, soft drinks fridge, menu boards.

KITCHEN. Tiled floor, tube lighting. Stainless steel extractor, 6 burner hob, Tandoori oven, oven, hotplate, 2 microwaves, hot pot, deep fat fryer, wash hand basin, double sink with drainer, 2 large chest freezers, ice cream freezer, small chest freezer, 2 full height fridges, stainless steel preparation table.

Coldroom

Staff cloakroom with toilet and sink

Preparation room / store room - double sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 -£4,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor & his son with 2 full time & 1 part time staff. We are informed the wage bill averages £950 p.w. approx.

Trading Hours

6 Day week
Wednesday - Monday - 4.30 p.m. - 11 p.m
CLOSED TUESDAY

We are advised the premises is permitted to open from 7 am.

Outside

Parking at rear for 2 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2009 with reviews every 4 years (next review 2025) at a current rent of £12,000 p.a.

We are advised, to an approved applicant, a new 12 years lease at terms to be agreed.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 17,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote