Indian Takeaways for sale in Tyne and Wear

View the "INDIAN TAKEAWAY IN NEWCASTLE UPON TYNE MONOPLY LOCATION" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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David Binder (Nov 2017)
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Leasehold Price: £99,500
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Business Description
INDIAN TAKEAWAY IN NEWCASTLE UPON TYNE MONOPLY LOCATION

INDIAN TAKEAWAY LOCATED IN MONOPLY LOCATION ON VERY LARGE HOUSING ESTATE.WITH POTENTIAL TO ADD PIZZA, KEBABS TO MENU IN ABSOLUTE MONOPLY LOCATION.NO OTHER PIZZA TAKEAWAY NEARBY. VERY LARGE HOUSING ESTATE WITH APPROX 4000 HOUSES.

BUSINESS LOCATION: Newcastle u Tyne Tyne and Wear UNITED KINGDOM
BUSINESS SECTOR: Catering
TRADE TYPE: Indian Restaurants
SALE: Agent Sale

ASKING PRICE:
£99500
LEASEHOLD:
£99500
ANNUAL RENT:
£13512

BUSINESS DETAILS:
INDIAN TAKEAWAY LOCATED IN MONOPLY LOCATION ON VERY LARGE HOUSING ESTATE.

WE ARE INFORMED BY VENDOR THAT THE NEAREST INDIAN TAKEAWAY IS APPROX OVER 1.5 MILES AWAY, AND THAT THERE IS NO PIZZA TAKEAWAY NEARBY.

THERE ARE SECONDLY SCHOOLS LOCATED NEARBY, SO THERE IS GREAT POTENTIAL TO EXPAND THE MENU AND INTRODUCE PIZZAS AND TO OPEN LUNCHTIMES.

ADVISED TURNOVER £3,000 - £3,500 PER WEEK.GROSS PROFIT 60%, ADVISED WEEKLY PROFIT £1000 PER WEEK.

OWNER IS WILLING FOR SERIOUS BUYERS TO STAND IN THE SHOP AFTER VIEWING TO SEE POTENTIAL OF THE BUSINESS BEFORE MAKING ANY FINANCIAL COMMITMENT TO BUY.

THREE STOREY BUILDING

GROUND FLOOR SIZE APPROX 700 SQ FT - SALES AREA, PEPERATION ROOM, STORE ROOM, WC.

FIRST FLOOR AND SECOND FLOOR NOT INSPECTED BUT WE ARE ADVISED THERE IS POTENTIAL FOR 3 BEDRROM LIVING ACCOMMDATION, WOULD REQUIRE UPDATING.
LIVING ACCOMMADATION HAS SEPERATE ENTRANCE FROM THE MAIN ROAD.

EQUPIMENT INCLUDES TANDOORI OVEN, GAS, FREEZER, FRIDGES ETC.

THERE IS POTENTIAL TO ADD PIZZAS, KEBABS, PARMENSANS TO MENU TO INCREASE TURNOVER AND PROFITS.

OPENINH HOURS - MONDAY - SUNDAY, 5.30PM - 11.00PM.

GUIDE PRICE £99,500 LEASEHOLD.

RENT £13,512 PA, 19 YEARS LEFT ON LEASE.

THIS IS A FANTASTIC OPPORTUNITY TO RUN A BUSINESS IN A GOOD LOCATION WITH FUTURE BUSINESS GROWTH POTENTIAL.

PLEASE NOTE THIS IS A HIGHLY CONFIDENTIAL SALE AND NO DIRECT APPROACH MUST BE MADE TO OWNERS OR STAFF, STAFF UNAWARE OF SALE.

FOR FULL DETAILS PLEASE CONTACT SOLE SELLING AGENTS NEY COMMERCIAL ON TEL - 01642 762710 OR EMAIL admin@neycommercial.co.uk

INTERPRETATION

UNLESS OTHERWISE INDICATED, ALL FIXTURES AND FITTINGS ARE BELIEVED TO BE FREE OF LEASE / HIRE PURCHASE AND WHILST SERVICES AND EQUIPMENT
HAVE NOT BEEN TESTED, THEY ARE BELIEVED TO BE IN WORKING ORDER. ALL
MEASUREMENTS SHOWN ARE APPROXIMATE AND ISSUED FOR YOUR GUIDANCE
ONLY.
INTERESTED APPLICANTS ARE ADVISED TO MAKE THEIR OWN ENQUIRIES AND
INVESTIGATIONS BEFORE FINALISING THEIR OFFER TO PURCHASE.
Tenure: Leasehold

Number of bedrooms: 3

Leasehold Term: RENT £13,512 PA, 19 YEARS LEFT ON LEASE.

Listed by: NEY Commercial

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NEY178
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