Indian Takeaway in Somerset For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, N.E. SOMERSET

Turnover £ 4,000
Price £59,500

Features

Indian Takeaway

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 525 ft². Industial non slip flooring, suspended ceiling, LED lighting. Customer waiting area with seating for 8/10 persons. Sales counter, EPOS till, menu boards.

KITCHEN. Stainless steel extractor. Tandoori oven, 15 burner cooker, microwave, meat grinder, 5 upright fridges, 3 chest freezers, 2 stainless steel preparation tables, double sink and drainer, wash hand basin.

Stockroom

Large room used as office

Staff room

Shower room with toilet and sink

Fire Escape

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 4 full time staff, 3 part time staff plus 2 drivers. We are informed the wage bill averages £1,600 p.w. approx.

Trading Hours

7 Day week
MONDAY - Sunday 4.30 a.m. - 10.30 p.m.

Outside

Garden with rear access

Shed used for storage

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new SECURE RENEWABLE 15 years lease with reviews every 3 years at a rent of £12,000 p.a. for the first 3 years with rent reviews every 3 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004 AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote