Old Established Indian Hot Food Takeaway Closed For Sale

Business description

Outstanding opportunity to acquire a Hot Food Takeaway, established by the present owners in 1979, however, due to family reasons has been closed for approx. 1 year. In our opinion the business offers tremendous potential in the right hands.

DOUBLE FRONTED PREMISES with tiled floor, counter.

Level kitchen. The equipment includes Tandoori oven, 10-burner gas cooker, stainless steel extractor unit, 2 stainless steel fridges, 1 deep freeze, double sink and drainer etc.

Staff cloakroom with w.c. and wash hand basin

Basement (suitable for storage purposes)

Property information

Property:

Leasehold

Lease terms:

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 12 years full repairing and insuring lease in respect of the shop premises with accommodation over at a rental of £20,800 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £900 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises: First Floor Tiled Kitchen with fitted units Lounge 1 Double Bedroom 2 Shower rooms each with shower, w.c. and wash hand basin Second Floor 4 Additional Double Be

Location:

Situated in a parade, excellent main road trading position, densely populated residential and commercial area, BERKSHIRE

Other information

Expansion potential:

-

Reasons for selling:

PREMIUM REQUIRED FOR THE NEW LEASE, FIXTURES & FITTINGS £20,000 subject to contract. Alternatively if the accommodation is not required the vendor, subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease in respect of the shop premises only (excluding the living accommodation) at a rental of £13,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. PREMIUM REQUIRED FOR THE NEW LEASE (in respect of the shop premises), FIXTURES & FITTINGS £10,000 subject to contract.

Trading hours:

-

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.