Indian & Kebab Takeaway in Southampton For Sale

Busy road, residential area, HAMPSHIRE SOUTHAMPTON

Turnover £ 5,000
Price £99,500

Features

Profitable well Established Detached Indian Fast Food & Kebabs Takeaway & Delivery

Forecourt area providing parking for 3/4 cars

SINGLE FRONTED PREMISES with counter, computer system for ordering.

OPEN PLAN KITCHEN with stainless steel extractor, Tandoori oven, 12-burner gas cooker, 1 kebab machine, 3 deep fryers, 2 commercial microwave ovens, 7 fridges, 4 deep freezers, double sink & drainer.

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £5,000/£6,000 p.w. takeaway & delivery, in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of £60%.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 8 full time & 2 part time staff.
It will be appreciated upon inspection that with more active owners, the wage bill could be reduced.

Trading Hours

5 p.m. - 11 p.m. seven days per week

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Garden

Tenure

We understand the premises are held on a secure renewable lease, the present lease granted 2022 for 15 years unexpired at a rental of £12,000 p.a. with rent reviews every 3 years to be agreed thereafter.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2007 AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote