Indian Takeaway & Delivery in Essex For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Essex.

Turnover £ 4,000
Price £150,000

Features

Weel Fitted Indian Takeaway Shop

5 STAR HYGIENE CERTIFICATE
PROFESSIONAL WEBSITE
PARKING BAY TO FRONT

SINGLE FRONTED PREMISES in the region of 925 ft², industrial non-slip floor, suspended ceiling with Spot lights & Hanging lights, sales counter, EPOS till, Tables and chairs providing seating for 10 People, open cool display unit (1.5 metres).

Open plan kitchen area with stainless steel extractor unit, Cooker (Gas 6-burner), blast Chiller, Dough mixer, blender, grill, Tandoori oven, hot plate, Deep fryer, 7 under counter fridges.

Walkin coldroom & ice cream freezer in rear Garage

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (25% VIA PORTALS)

Staff

The business is at present operated by the vendor with 3 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 11.30 a.m. - 9 p.m.

Accommodation

THE SELF CONTAINED ACCOMMODATION with Storage Heaters, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,725 per month (inclusive of bills). The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Shower room with Shower, w.c. and wash hand basin.

Outside

Garage to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £16,800 p.a.

Plus additional garage approx 10 minutes drive at a rental of £50 per month.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE JULY 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

SALE VIA SHARE TRANSFER

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote