Well Established Indian Takeaway in Kent For Sale

Situated in a Parade, excellent trading position, residential and commercial area, Kent.

Turnover £ 2,000
Price £79,500

Features

Well Established (2004) Indian Take Away

6 DAYS OPENING

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 750 ft², WITH SHUTTERS, Tiled flooring, plasterboard ceiling with LED spotlights.

Customer waiting area.

Sales counter, electric cash register, soft drinks fridge.

OPEN KITCHEN - Stainless steel extractor, stainless steel cladding to walls, 6 burner hob, 2 ovens, microwave, plate warmer, tandoori oven, heated cupboard, 2 blenders, 2 single door stainless steel fridges, 2 chest freezers, double sink and drainer, 2 stainless steel preparation tables, etc.

Store cupboards.

Staff cloakroom with toilet and wash hand basin.

Understair cupboard.

Stairs to BASEMENT, used for storage.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx.

Staff

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

Trading Hours

6 Day week
Wednesday - Monday 5 p.m. - 10.30 p.m.
Closed Tuesdays.

We are advised there is demand and potential for increased opening hours.

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to 2 FLATS.

Flat A

Kitchen / diner.
Bathroom with bath, toilet and wash hand basin.
Double bedroom.

At present the flat is let on a shorthold tenancy providing a rental income of £1,049 per month

Flat B

Kitchen / diner.
Bathroom with bath, toilet and wash hand basin.
Double bedroom.

At present the flat is let on a shorthold tenancy providing a rental income of £1,049 per month

Outside

Fire exit to yard.

GARAGE - rented out (to a mechanic) and providing a rental income of £700 per month

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 12 years in 2025 with rent reviews in 2029, 20345 and 2036. The current rent is £36,000 p.a.

It will be appreciated with the rental income of £33,576 THE NET RENT PAYABLE IS £2,424 P.A.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS' RELOCATION.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote