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Indian Hot Food Takeaway In Whickham For Sale

Whickham, Tyne and Wear, UK
Asking Price:
£39,950 Furniture / Fixtures included
Turnover:
£208,000
Net Profit:
Available on request

• Long established trading business.
• Sales circa £3,500 - £4,000 weekly.
• Main road location in pleasant suburb.
• Fully fitted and equipped for the trade.
• Suitable for other cuisines.
• Close to main road links.

Property Information

Property:

Leasehold

Lease Terms:

We are verbally informed that the premises are held on a 14 year lease 2016. The current rent is £12,000 per annum. Interested parties should seek legal confirmation of this information.

Leasehold Rent:

£12,000 per annum

Location:

This opportunity comprises a well-established trading business located in the heart of the popular area of Whickham, 5 miles south west of Newcastle city centre. Whickham is well connected with relatively easy access via the A1 Western Bypass.

Premises Details:

This is a reputable business which has been in our client’s ownership since 2017 but has been trading from within Whickham for over 25 years. The business has been placed on the market as the owner is considering another unrelated business opportunity.

The premises are configured to provide a customer service area to the front with a good sized kitchen to the rear but which also has separate access through the front door to assist the delivery element of the trade.

The current menu is traditional Indian cuisine and the business appears to be popular, with positive levels of feedback via social media. 50% of the business is generated via collection from local residents but the deliveries make up the remainder, 30% of which come from the JUST EAT online ordering network. The kitchen also has a twin pizza oven installed and our client does offer this option, with an Indian twist.

Viewing is recommended to appreciate the location and hot food opportunities do not come onto the market very often in Whickham.

Business Operation

Trading hours:

Sunday – Monday 5.00pm – 10.00pm
Tuesday closed

Employees:
The business is currently managed by the owner with the help of 3 chefs and 2 kitchen staff.
Years established:
25+