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Reference R4109

Indian Takeaway & Delivery in Newport For Sale

Register to see map and to make an appointment Situated in a parade, city centre position, GWENT NEWPORT

Turnover 2,200
Price 49,500

Features

Fully Equipped Indian Hot Food Takeaway & Delivery

SPACIOUS SINGLE FRONTED PREMISES with tiled floor. Counter. It will be appreciated upon inspection there is potential to establish a restaurant seating area, if desired.

LEVEL KITCHEN with tiled floor, stainless steel extractor unit. Tandoori oven, 4-burner gas cooker with oven, 4 stainless steel tables, 1 stainless steel fridge, 1 additional fridge, 1 chest deep freeze, double sink & drainer, wash hand basin.

Customer's cloakroom with w.c. and wash hand basin
In addition there is a staff cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover averages 2,200 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by the vendor with the assistance of staff.

Trading Hours

Monday - Saturday inclusive - 11 a.m. - 10 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over is available on a separate shorthold tenancy at a rental of 4,000 p.a. The accommodation comprises:

2 Large Double Bedrooms
Showr room with shower, w.c. and wash hand basin
In addition there is a bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen

Outside

Large yard at rear with parking space for 4 cars

Tenure

We understand the ground floor is held on a 15 years lease from August, 2013 at a current rental of 18,000 p.a. exclusive of rates up to August, 2013 with rent review at that time and thereafter every 3 years. (The present tenant does not anticipate an increase in the rent at the next rent revision).

Uniform Business Rates: 3,000 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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