Detached Indian Restaurant in March For Sale

Detached property, excellent trading position, residential area, MARCH, Cambridgeshire.

Turnover £ 2,500
Price £350,000

Features

Detatched Freehold Licensed Indian Restaurant & Takeaway

5 STAR HYGIENE RATING.
CAR PARK for 6/8 vehicles.

DETACHED FRONTED PREMISES, in the region of 1,600 ft², Tiled flooring, plasterboard ceiling with spot lights.

LOUNGE style customer waiting area with seating for 6 people.

DINING ROOM with tables and chairs seating 44 people.

BAR - Electric cash register, Draft beer pump, double door fridge, wash hand basin, etc.

Alcove with dessert chiller.

Ladies cloakroom with toilet and wash hand basin.

Gentleman's cloakroom with toilet and wash hand basin.

SEPARATE KITCHEN - Stainless steel extractor, 8 burner cooker, tandoori, deep far fryer, microwave, heated cabinet and plate warmer, triple door fridge with stainless steel top, double sink and drainer, stainless steel preparation tables, etc.

Large Dry STORE ROOM - 2 chest freezers, stainless steel shelves, etc.

STORE ROOM, staff changing area with fridge.

Stairs to the FIRST FLOOR in the region of 140 ft²

OFFICE.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a Gross profit of 65% approx. (approximatey 60 % takeaway)

Staff

The business is at present operated by the vendor with 4 full time staff and 3 part time staff.

We are informed the wage bill averages £1,200p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 5 p.m. - 10 p.m.
Sunday 12 noon - 9 p.m.

Accommodation

Located on the First Floor (entrance via the business ) used by the staff.

3 bedrooms (2 doubles and 1 single).

Bathroom with bath (shower over) and wash hand basin.

Separate toilet.

Outside

Garden with Vegetable Store.

Laundry Room with washing machine and tumble dryer.

Car Park for 6/8 vehicles.

Tenure

FREEHOLD.

Business Rates from April 2025 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2000, AND OFFERED FOR SALE SOLELY DUE TO OWNERS' RETIREMENT

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £350,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 245,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote