Indian Takeaway and Off Licence in South Wales For Sale

Situated end of small parade, residential area, Village nestled in the a Valley, GLAMORGAN, SOUTH WALES

Turnover £ 5,500
Price £120,000

Features

Hot Food Takeaway with Full On Licence

5 STAR HYGIENE RATING
6 DAYS OPENING
Established 1991 (same family)
LARGE FREE CAR PARK TO REAR
2 Kitchens.

The business currently trades as a Indian Takeaway, which could obviously be continued or in our opinion there is potential for other types of cuisine, if desired.

Semi-Detached PREMISES in the region of 700 ft² with tiled floor, spot lights, sales counter, EPOS till.

Open plan kitchen with stainless steel extractor unit, tiled floor, Tandoori oven, Cooker (Gas 6-burner), deep fryer (2 pan), hot cupboard, 3 fridges, freezer

1st Floor in the region of 340 ft² with:

Preparation kitchen with stainless steel extractor unit, 1-burner Cooker, Cooker (Gas 4-burner), stainless steel preparation table.

Toilet with w.c. and wash hand basin and shower.

Stock room with 1 fridge, 3 freezer, 2 x deep freeze, racking, stainless steel preparation table

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 - £6,000 p.w. with a Gross profit of 65% approx. (80% DELIVERIES)

Staff

The business is at present operated by the vendor (managing only) with family support with 3 full time and 3 part time staff please drivers as required.

Trading Hours

6 Day week
MONDAY, WEDNESDAY - SATURDAY 5pm - 11pm
SUNDAY 5pm - 10.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) 15 years full repairing and insuring lease with rent reviews every 5 years at a current rent of £14,400 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 £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote