Hot Food Indian Take Away & Delivery For Sale

Business description

DOUBLE FRONTED MEDIUM SIZED PREMISES with laminated strip floor. Counter.

Kitchen at rear with tiled floor. The equipment includes Tandoori oven, 9-burner gas cooker, microwave oven, stainless steel tables, double sink and drainer, wash hand basin etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £13,500 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £900 p.a. approx. (after small business relief)

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 24 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The accommodation in the form of a SELF CONTAINED FLAT over is at present operated on a shorthold tenancy and provides a rental income of £500 per month, however, we understand that vacant possession can be given on completion, if required. The accommoda

Location:

Situated in a parade, main road trading position, densely populated residential area, WEST SUSSEX

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £900 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

6 evenings per week - 5 p.m. - 11 p.m.
CLOSED MONDAY EVENINGS

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.