HOT FOOD TAKE-AWAY &DELIVERY - CURRENTLY INDIAN CUISINE / PROMINENT LOCATION - READING, BERKS - CLOSE CAVERSHAM / GOOD ONLINE REVIEWS - FOUR BED ACCOMMODATION
Hot Food Indian Take-Away business occupying a highly visible 10 shop parade location on a busy main road with deep forecourt, ample on-street parking and high footfall. Ideally located to service both Reading and Caversham with both walk-ins & deliveries.
The Parade Premises (Shop & Flat) are held on a lease, we are advised, having about 14 years unexpired. Current rent £16,000 per annum. Next review 2023 (5 yearly thereafter).
Smart Single Fronted Shop (circa 24’8’’x11’4’’ - 280sq.ft.). Fully Equipped Kitchen). Preparation Room (circa. 80sq.ft.). Additional Kitchen / Storeroom (circa 93sq.ft.). Staff Cloakroom.
LIVING ACCOMMODATION:- Flat above (currently used by staff): Living Room. Four Bedrooms. Bathroom.
EPC Rating:- E-107
We are advised that Takings are currently averaging around £4,400 weekly with good ratios of profit.
The business has achieved good online reviews, is well run and would be an excellent purchase for an ambitious operator who would be able to hit the ground running and drive the business forward even further.
Price required for goodwill, lease, tenant’s fittings, fixtures, utensils, furnishings & equipment:- £55,000 STOCK EXTRA AT VALUATION
Is accommodation included?:
LIVING ACCOMMODATION:- Flat above (currently used by staff): Living Room. Four Bedrooms. Bathroom.
Location Details:
Occupying a highly visible 10 shop parade location on a busy main road with deep forecourt, ample on-street parking and high footfall. Ideally located to service both Reading and Caversham with both walk-ins & deliveries.
Leasehold Term:
The Parade Premises (Shop & Flat) are held on a lease, we are advised, having about 14 years unexpired. Current rent £16,000 per annum. Next review 2023 (5 yearly thereafter).