Indian Takeaway in Kent For Sale

Situated in a small parade, excellent trading position, residential, office and commercial area, Kent.

Turnover £ 12,000
Price £129,500

Features

Well Presented Indian Takeaway

4 STAR HYGIENE RATING
FORECOURT WITH PARKING FOR 2 CARS

Ample customer's car parking as there are no parking restrictions in front of shop..

DOUBLE FRONTED PREMISES in the region of 280 ft², wood strip floor, suspended ceiling with spot lights, , sales counter, cash register, 2 sofas for customer waiting.

Kitchen, stainless steel extractor unit, Tandoori oven, 2x Gas 8-burner Cooker, fridge, 4 x deep freeze, stainless steel preparation tables, double sink and drainer, sink, 2 hot cupboard, hot plate

Walkin coldroom.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £12,000 p.w. with a Gross profit of 65% approx. (85% DELIVERIES)

Staff

The business is at present operated by the vendor with 8 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 5pm - 11pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,300 per month . The accommodation comprises:

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

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £22,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £129,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 64,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote