Old Established Indian Takeaway in Middlesex For Sale

Situated in a parade, excellent main road trading position, MIDDLESEX

Turnover £ 4,250
Price £60,000

Features

Old Established Indian Takaway

DOUBLE FRONTED PREMISES in the region of 225 ft² with tiled floor, spot lights, sales counter, cash register.

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker, microwave, fridge, 2 freezers, etc.

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

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 - £4,500 p.w. with a Gross profit of 65% approx. (50% deliveries)

Staff

The business is at present operated by the vendor with 2 full time and 4 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 5pm - 11pm

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Bathroom with bath, w.c. and wash hand basin.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £22,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote