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SPACIOUS INDIAN HOT FOOD TAKEAWAY (Closed)

Price:
Freehold - £85,000
Leasehold - £5,000
Turnover:
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Seller Ref:
R2383
Location:

Cleveland

Business Type:

Commercial Property, Food Service Businesses

See Other:
Indian takeaways for sale in Cleveland
Other food service businesses for sale in Cleveland
Other takeaways for sale in Cleveland
Fast food restaurants for sale in Cleveland
Catering premises for sale in Cleveland
Food service businesses for sale in Cleveland
Commercial property for sale in Cleveland
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : DOUBLE FRONTED PREMISES approx. 17' wide x a total depth in the region of 50' including kitchen area. Tiled floor, counter.

LEVEL KITCHEN with non-slip floor, stainless steel extractor unit, Tandoori oven, 9-burner gas cooker, 5 fridges, 3 deep freezes, double sink and drainer etc.

Staff cloakroom with w.c. and wash hand basin

In view of the size of the premises, in our opinion there is potential to establish a Restaurant area, subject to the necessary planning permission.

WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering further potential to increase in the right hands.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £7,800 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £1,700 p.a. approx. (should reduce with small business relief)

RECOMMENDED FOR EARLY INSPECTION

PREMIUM REQUIRED FOR THE NEW LEASE £5,000 subject to contract

OR COMPLETE WITH THE FREEHOLD PROPERTY £85,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

PLEASE NOTE THE PURCHASER IS TO BE RESPONSIBLE FOR THE LANDLORD'S SOLICITORS COSTS
Location Details:
Situated in a parade, close to bus stop, next door to a nightclub, CLEVELAND
Accommodation:
Rear ground floor accommodation, comprising:

2 Rooms plus shower room with shower, w.c. and wash hand basin

Yard at rear
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