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Well established INDIAN RESTAURANT & TAKEAWAY

Price:
Leasehold - £155,000
Turnover:
Register to view
Seller Ref:
R1250
Location:

Middlesex

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in Middlesex
Indian restaurants for sale in Middlesex
Restaurants for sale in Middlesex
Indian takeaways for sale in Middlesex
Food service businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SUMMARY:

• PRICE (LEASEHOLD) £155,000
• OWNERS ACCOMMADATION
• GROSS PROFIT 65%
• TURNOVER £4,500p.w.


DESCRIPTION:

Single fronted, Gas Fired Central Heating, Air conditioned premises, wood floor, suspended ceiling with spot lights, sales counter, Tables and chairs providing seating for 52 people, electronic cash register, 2 upright single-door drinks display fridges.

Separate level kitchen, tiled floor, stainless steel extractor canopy, 6-burner gas cooker, Tandoori oven, 2 microwaves, stainless steel work surfaces, 2 fridges, freezer, double sink and drainer, separate wash hand basin.
• Stock room / Store room
• Chiller
• Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin.
• Staff toilet with w.c. and wash hand basin

WE ARE INFORMED by the vendor the turnover averages £4,500 p.w. Gross profit 65% approx.

We understand the premises are held on a secure renewable lease from the private landlord for a period of 20 years and currently has 16 years unexpired next review in 1 year at a rent of £24,000 p.a. with reviews every 5 years.

Uniform Business Rates: £5,000 p.a. approx.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £155,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Location Details:
Situated in a Parade, excellent main road trading position, residential, office and commercial area, Middx.
Accommodation:
THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to Flat with Gas Fired Central Heating
• 4 Bedrooms (2 double, 2 Single).
• Fitted Kitchen.
• Bathroom with bath, w.c. and wash hand basin.
• Box room

Parking space for 1 car.
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