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Licensed Restaurant And Takeaway For Sale

Reading, Berkshire, UK
Asking Price:
£34,950
Turnover:
£80,000
Net Profit:
Available on request

LICENSED RESTAURANT, TAKE AWAY & DELIVERY BUSINESS – GROUND FLOOR ONLY
Reduced Price
ESTABLISHED BUSINESS WITH FANTASTIC POTENTIAL - PRICED FOR QUICK SALE
WELL POPULATED AREA – PARADE OF 5 SHOPS – AMPLE PARKING
READING - BERKSHIRE
Established Licensed Restaurant, Take Away and Delivery Business. Operating since 2019. Conveniently located in a well-known and highly visible mixed parade of 5 shops with good footfall and passing traffic. Ample parking in front of and behind the restaurant for staff and customers. No direct competition in the vicinity. Serving a very well populated surrounding residential area of Reading, Berkshire. Equally well placed for deliveries to all parts of West Reading, Earley, Woodley, Sonning, Twyford, Wargrave etc. Currently using the services of ‘Deliveroo’, ‘Just Eat’, ‘Uber Eats’ and their own drivers for deliveries.

£34,950
Stock included

* Monthly Free Cashflow: Undisclosed
* Premises Details: Smart Shop (circa.29’10’’ x 18’4’’) well presented - recent installation of a brand-new air conditioning and heating system installed in the restaurant ceiling, chairs and tables for 35, CCTV, Upright Drinks Fridge, Cash till system. Bar area with serve over counter, beer on tap and display shelves for spirits. Premises License. Customer Cloakroom (Disabled Compliant) – Toilet and Basin.

Fully Fitted Kitchen (circa. 13’11 x 13’5’’) to rear with canopy extractor system, 8 Flame Gas Burner, Tandoori Oven, 4 door food preparation refrigerator, Stainless Steel Food Preparation Tables, Chest Freezer, Commercial Microwave, Stainless Steel Double Bowl Sink, Gas Boiler ‘Hotpoint’etc.
Rear – Large Storage Unit (separately let) (circa.6’3’’ x 6’1’’) Bin Area and Rear Access and Owner parking.
* Sector: Service
* Industry: Food & Beverage
* Owned Since: 2019-01-01
* EPC: D-87 – Expiring 15th November 2026
* Looking For: Leaseholder
* Business Started On: 2019-01-01
* Lease Terms: The Double Fronted Premises (ground floor commercial lock up) is held on a lease, we are advised, for a term of 10 years from 5th October 2021 (approx. 7 and a half years remaining) at a current rent of £21,000 per annum (£1,750 per calendar month) and the next review is 1st October 2026.

Property Information

Property:

Leasehold

Business Operation

Reasons for selling:

Relocating to Home Country

Trading hours:

Monday – Sunday 5pm to 10.30pm – Tuesday – Closed.

Years established:
5