Central Asian Restaurant and Takeaway in Welling For Sale

Situated in a parade, excellent main road trading position, well-connected to local amenities and transport links, WELLING, SOUTH LONDON

Turnover £ 2,750
Price £68,000

Features

Central Asian Restaurant with Takeaway

FORECOURT WITH SEATING FOR 16 PEOPLE
4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,000 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with fluorescent lighting, modern bar with sales counter. Tables and chairs providing seating for 60 People, CCTV system (2 cameras).

Open plan kitchen area, stainless steel extractor unit, 2 x Cookers (Gas 4-burner), grill, dishwasher, Oven, fridge, 2 x freezer.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 - £3,000 p.w. with a Gross profit of 65% approx. (20% VIA PORTALS)

Staff

The business is at present operated by the Husband & Wife team with 1 full time & 1 part time staff.

Trading Hours

7 Day week (7am Licence)
MONDAY - SUNDAY 12 noon - 10pm

Outside

Rear Garden & Shed for Storage

Church permit parking for £150 per annum

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2023 up to June 2040 with reviews every 3 years (next review 2026) at a current rent of £18,500 p.a.

Business Rates from April 2025 £800 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £68,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote