Licensed Indian Restaurant in South Yorkshire For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, SOUTH YORKSHIRE

Turnover £ 4,250
Price £50,000

Features

Licensed Indian Restaurant and Takeaway

5 DAYS OPENING

TOTAL PREMISES in the region of 800 ft²

4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 450 ft² WITH ELECTRIC SHUTTERS, CCTV (4 cameras), Vinyl flooring, plasterboard ceiling woth ceonceled and feature pendant lighting.

Tables and chairs seating 12 / 15 people.

Sales counter, electric cash register, 2 display fridges,.

SEPARATE KITCHEN - Stainless steel extractor, double basket deep fat fryer, 10 burner gas hob, oven, tandoori oven, microwave, bain marie, heated bcabinet, 3 fridges, 2 chest freezers, stainless steel preparation table, double sink and drainer, etc.

Staff cloakroom with toilet and was hand basin

Stairs to . .


BASEMENT PREMISES in the region of 350 ft²

2 fridges, chest freezer, 2 standard freezers. Dough mixer.

Dry store.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. - £4,500 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor with 2 full time staff employed.

Trading Hours

5 Day week
WEDNESDAY - SUNDAY 5 p.m. - 10.30 p.m.
CLOSED MONDAY AND TUESDAY

Outside

Parking to the rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2016 with reviews every 4 years (next review 2028) at a current rent of £13,200 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote