Indian Takeaway in South London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SW London

Turnover £ 3,500
Price £55,000

Features

Old Established Indian Takeaway

SINGLE FRONTED PREMISES in the region of 640 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot lights, sales counter, EPOS till, 2 x LED Menu Boards, etc.

Kitchen with stainless steel extractor unit, Tandoori oven, 2 x 8-burner Gas Cooker, microwave grill, 2 stainless steel preparation table, sink and drainer, 3 fridges, 1 freezer.

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

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 65% approx. (80% DELIVERIES)

Staff

The business is at present operated by the vendor with 3 full time & 2 part time staff plus 1 driver.

Trading Hours

7 Day week
MONDAY - SUNDAY 5.30pm - 10pm

Outside

Rear access

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 2024 with reviews every 3 years (next review 2027) at a current rent of £18,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2009, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote