Well Established Indian Takeaway in Middlesex For Sale

Situated in a Parade, excellent trading position, residential area, Middlesex, Greater London.

Turnover £ 4,000
Price £64,500

Features

Well Established Indian Takeaway

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 525 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, platerboard ceiling with tube lighting.

Customer waiting area with tables and chairs for 4 people.

Sales counter - Electric cash register, computer and printer, soft drinks fridge, wash hand basin.

KITCHEN - Staineless steel extractor, 8 burner hob, oven, tandoori oven, bain marie, hot plate, 2 microwaves, 3 single door fridges, 2 chest freezers, double sink and drainer, stainless steel preparation table, etc.

Walkin cold room.

Store room.

Staff cloakroom with toilet and wash hand basin.

Dry store.

Stairs to first floor in the region of 135 ft², used for storage.

Turnover

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

Staff

The business is at present operated by the vendor with 2 full time staff (including a chef) and 2 part time staff (including a driver).

Trading Hours

7 Day week
MONDAY - THURSDAY 5 p.m. - 10.30 p.m.
FRIDAY & STARDAY 5 p.m. - 11 p.m.
SUNDAY 5 p.m. - 10.30 p.m.

Outside

Parking for 1 vehicle.

Tenure

The vendor owns the freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE granted for 5 years at a rent of £12,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005, AND OFFERED FOR SALE SOLELY DUE TO OWNERS SEMI-RETIREMENT

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £64,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote