Indian Takeaway in Kent For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, KENT.

Turnover £ 3,000
Price £57,500

Features

Well Established Indian Takeaway

6 DAYS OPENING ~ 5 STAR HYGIENE RATING
* £15,240 RENTAL INCOME *

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.

SINGLE FRONTED PREMISES in the region of 520 ft². Tiled floor, suspended ceiling with spotlights. Sofa for customers' waiting. Sales counter, EPOS till, glass fronted upright double door drinks display fridge.

KITCHEN. Stainless steel extractor unit, Tandoori oven, 12-burner gas cooker, deep fryer, double door hotplate, double door fridge, freezer, double sink and drainer.

2 Staff toilets with w.c. and wash hand basin

Stockroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a gross profit of 65% approx. (50% DELIVERY)

Staff

The business is at present operated by the vendor with 3 full time & 1 part time staff.

Trading Hours

6 Day week
WEDNESDAY - MONDAY 5 p.m - 10 p.m
CLOSED TUESDAY

Accommodation

THE SELF CONTAINED ACCOMMODATION, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,270 per month . The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in June 2020 with reviews every 4 years (next review 2028) at a current rent of £21,000 p.a. (As will be appreciated with the current rent of £15,240 p.a. from the accommodation, the net rent payable at the present time is only £5,760 p.a).

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £57,500 o.n.o. plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 28,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote