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Popular And Busy Indian Takeaway In Caterham For Sale

Caterham, Surrey, UK
Asking Price:
Net Profit:
Available on request

The Royal Tandoori is a long-established takeaway on a dedicated retail terrace in the attractive town of Caterham and adjacent to a large superstore, ample parking and new housing developments. It is the only Indian takeaway in the vicinity. The building includes a recently refurbished and good condition one bedroom flat with its own entrance and parking and at the rear there is a large area included in the demise which (subject to planning permission) could be used to expand the building for commercial or residential purpose.

The owner is prepared to consider offers for the entire freehold or a leasehold for either the entire building or the restaurant. A new owner could choose to operate the takeaway and/or reside in the flat or lease either or both commercially. The freehold is offered inclusive of flat for a new and negotiable lease. Alternatively the owner is open to offers for a long lease on the ground floor takeaway only or the whole building with rent to reflect. Rates are zero (SBRR). The current rental value of the ground floor takeaway is £17,160 per annum and the upstairs flat is let out for £900 per calendar month.

The business itself now operates with 50% of orders ordered online and delivered to add to a loyal local clientele supported by the adjacent large superstore and housing. A well equipped and recently (2021) refurbished kitchen includes a large commercial range with extractor fan and multiple vertical standing large freezer and refrigerator units, microwave and separate storage area. At the rear there is a large garden/drive space with storage unit. This area could be converted for extension of the restaurant and flat or even (as with the next door premises) for construction of a new residential unit conditional on planning permission.

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