Long Established Indian Takeaway in South London For Sale

Excellent trading position, close to the Railway Station, SOUTH EAST LONDON / KENT BORDERS

Turnover £ 3,000
Price £50,000

Features

Long Established Indian Takeaway

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 350 ft², WITH SHUTTERS, Tiled flooring, suspended ceiling with spotlights.

Customer waiting area.

Sales counter - Cash drawer.

Kitchen - Stainless steel extractor, 8 burner hob, oven, tandoori oven, popadom heater, 3 chest freezers, double door fridge, single sink and drainer, wash hand basin, stainless steel preparation table, etc.

Dry store.

External Staff cloakroom with toilet and wash hand basin.

Wooden annex to rear with 2 freezers.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (75% Delivery)

Staff

The business is at present operated by the vendor with 4 full time staff employed.
We are informed the wage bill averages £1,800p.w. approx.

Trading Hours

7 Day week
SUNDAY - THURSDAY 5 pm - 11pm
FRIDAY & SATURDAY 5pm - 11.30 pm

Outside

Yard to rear.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE for 15 years with reviews every 3 years at a starting rent of £15,000 p.a. for the first 3 years.

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

Price

TO INCLUDE THE NEW 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