Indian Takeaway & Delivery in Middlesex For Sale

Situated in a parade, excellent trading position in thriving and busy commercial location, residential and commercial area, MIDDLESEX

Turnover £ 4,000
Price £48,000

Features

Indian Takeaway ~ Free Parking From 630pm

5 STAR HYGIENE RATING

The business currently trades as a Indian Takeaway, which could obviously be continued or in our opinion there is potential for other types of cuisine, if desired.

DOUBLE FRONTED PREMISES in the region of 535 ft² with SHUTTERS. Laminate wood effect flooring, plaster board ceiling with spotlights. Customer waiting area with seating. Sales counter, electric cash register, soft drinks fridge, wall mounted television.

SEPARATE KITCHEN. Tube lighting. Stainless steel extractor, Tandoori oven, hot plate, 9 burner hob, oven, 2 microwaves, under-counter fridge, 2 upright fridges, upright freezer, chest freezer, double sink and drainer, stainless steel prepartion table.

Storeroom

Staff cloakroom with toilet and wash hand basin

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 plus the assistance of 1 part time staff. We are informed the wage bill averages £1,500 p.w. approx.

Trading Hours

7 Day week
MONDAY, TUESDAY, WEDNESDAY & SUNDAY 5 p.m - 10 p.m
THURSDAY, FRIDAY & SATURDAY - 5 p.m. - 11 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE LEASE from a private landlord, granted for 20 years in 2012 with reviews every 4 years (next review 2024) at a current rent of £13,250 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES AND FITTINGS £48,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 24,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote