Licensed Indian Restaurant and Takeaway in Bedfordshire For Sale

Detached property, prestigious excellent main road trading position, residential area, BEDFORDSHIRE.

Turnover £ 18,000
Price £325,000

Features

Prestigious Licensed Indian Restaurant

5 STAR HYGIENE RATING

CUSTOMER CAR PARKING FOR APPROXIMATELy 12 VECHICLES.

PATIO AREA WITH SEATING FOR 80 PEOPLE.

Imposing double fronted premises, in the region of 2,350 ft², CCTV (4 cameras), wooden and carpeted flooring, plasterboard ceiling with LED and feature pendant lighting.

Tables and chairs providing seating for 120 People.

BAR - EPOS cash register. Draft beer pumps, soft drinks carbonate dispenser, under counter fridges, wash hand basin, glass washer, ice machine,

SECOND BAR servery - Coffee machine (cup to bean), heated cabinet, ice machine, chiller, ice cream freezer.

Ladies cloakroom witrh toilet and wash hand basin.

Gentlemen's cloakroom with urinal, toilet and wash hand basin

Disabled access cloakroom with toilet and wash hand basin.

SEPARATE KITCHEN- Stainless steel extractor, Tandoori oven, double basket deep fat fryer, 2 cookers with 6 and 12 burner hobs, oven, microwave, 2 hot cupboards, under counter chiller, double sink with drainer, wash hand basin, food preparation sink, stainless steel preparation tables, etc.

Walkin chiller.

Walkin freezer.

Office.

Store room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £18,000 p.w. with a Gross profit of 65% approx. (£2,000 VIA PORTALS)

Staff

The business is at present operated by the vendor with 14 full time and 8 part time staff.

We are informed the wage bill averages £5,000 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 2 p.m. then 5.30 p.m. - 10.30 p.m.

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, double-glazed windows used by staff access door to the side or via the business. The accommodation comprises:

3 Bedrooms (2 double, 1 single).
Living Room.
Shower room with shower, w.c. and wash hand basin.

Outside

Car parking for 12 vehicles.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (council) granted for 15 years in 2013 with reviews every 3 years (next review 2028) at a current rent of £40,000 p.a. + VAT

Business Rates from April 2025 £12,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £325,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 162,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote