Indian Restaurant Takeaway 2 Bed Home West Sussex For Sale

Business description

Busy & well established double fronted spacious mid-parade premises with 2 bed maisonette on 2 floors above. Located in centre of town with easy parking outside (free in evenings). Current T/O £4,800pw open daily 12 - 2.30pm and 5-11pm. Long lease, 12yrs remain, rent £17,500 per annum. Run by owner & 6 staff. Owner of 10 yrs selling to pursue other business interests. Takeaway side increasing with free home delivery and website. Call for full detailed particulars and photographs.

Property information

Property:

Leasehold

Lease terms:

We are informed that the premises are held on a full repairing and insuring renewable lease with 12 years remaining. Rent is currently £17,500 per annum with a review pending and 3-yearly thereafter.

Rateable Value is £7,700 and we understand that Uniform Business Rates of approximately £2,500 are currently payable after Small Business Relief. The flat falls into Band B for Council Tax purposes.

Leasehold rent:

£17,500 per annum

Living accommodation:

The maisonette comprises Lounge and Kitchen on the first floor, with one Double bedroom, one Single bedroom, bathroom and separate WC on the second floor. It has the benefit of gas fired central heating and has separate access from the rear of the building.

Location:

This well established Indian restaurant and takeaway is located in a central trading position in a popular inland town in West Sussex. It is situated in a precinct of local shops and restaurants and has plenty of parking available directly outside the premises which is free in the evenings.

With a population of about 10,000 it is an expanding town with several new housing developments recently completed and more planned. It services many surrounding villages thanks to its shopping facilities, leisure centre with swimming pool, junior and senior schools, sports clubs and places of worship. On its doorstep is the outstanding countryside of West Sussex with dozens of historic houses, charming gardens and historical towns and villages.

Transport links are well developed with direct rail services to London Victoria, Chichester and Bognor Regis while the motorway network may be accessed via the M23 leading to Gatwick airport in around half an hour’s drive.

Premises details:

The business occupies modern double fronted mid-parade premises with the restaurant on the ground floor and a two-bedroom maisonette on the two upper floors. The shop frontage has aluminium framed display windows, an offset entrance door and a full width sign-written fascia board above.

The fully carpeted interior is reached through an entrance lobby and is smartly decorated with traditional feature wood carving forming wall panelling and the bar counter. The walls are in pastel colours, and there is a suspended ceiling with halogen downlighters and central chandelier. The dining area is currently laid for 38 covers but has room for over 50. The bar area has a fully equipped triple compartment counter fridge, glasswasher, sink, computerised till, coffee percolator, shelving and optics. To the side there is a service area with seating and an upright stainless steel fridge, leading to the customer WCs.

Behind this is the catering kitchen fully equipped with 6 burner and 4 burner gas ranges with double oven, Tandoori oven, full length hood with extraction system, 3 heated plate cupboards, microwave oven, fridge, stainless steel preparation tables and two double stainless steel sinks with drainers.

There is access to the rear where there is a separate garage currently used for storage.

Other information

Reasons for selling:

sale to pursue other business interests

Trading hours:

open daily 12 - 2.30pm and 5-11pm.