Newly Fitted Indian Takeaway in North London For Sale

Situated in a small parade, excellent main road trading position, residential, office and commercial area, NORTH LONDON

Turnover £ 1,350
Price £40,000

Features

Newly Fitted Indian Takeaway

6 DAYS OPENING (easy hours)
4 STAR HYGIENE RATING

SINGLE FRONTED TAKEAWAY PREMISES in the region of 285 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, spot and LED lights, waiting area sofas, sales counter, cash register, CCTV system (1 cameras).

Kitchen with tiled floor, stainless steel extractor unit, Tandoori oven, Cooker (Gas 8-burner), fridge, freezer, preparation table, hot cupboard..

Store room, fridge, freezer, shelving.

Staff Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,200 - £1,500 p.w. with a Gross profit of 65% approx. (33% via portals)

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

6 Day week
TUESDAY - SUNDAY 5pm - 9pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in December 2024 with reviews every 5 years (next review 2029) at a current rent of £10,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote