Old Established Indian Hot Food Takeaway & Delivery For Sale

Business description

Spacious single fronted premises with counter, glass-fronted display fridge. Kitchen area at rear with tiled floor. Fully equipped including tandoori oven, 1 6-burner gas cooker, 1 4-burner gas cooker, 2 domestic microwave ovens, 1 Fosters double door stainless steel fridge, 1 additional double door glass fronted fridge, 1 large chest deep freeze, 1 glass-topped deep freeze, double sink and drainer, single sink and drainer, etc.

Staff cloakroom with w.c. and wash hand basin.

Property information

Property:

Leasehold

Lease terms:

WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 8 years unexpired, at a rental of £12,000 p.a. excl. of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

Uniform business rates £1,700 p.a. approx.

The business has been in the same hands for the past 13 YEARS and there are genuine reasons for sale.

RECOMMENDED FOR EARLY INSPECTION.

Living accommodation:

THE ACCOMMODATION in the form of a self contained FLAT OVER is at present let on a shorthold tenancy and provides a rental income of £100 p.w., however we understand that vacant possession can be given upon completion. The accommodation comprises: 1

Location:

Situated in a parade of shops, commercial and residential area, close to university, S. GLAMORGAN, S. WALES.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,500 p.w., in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £49,950 PLUS STOCK AT VALUATION. SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Trading hours:

Sunday/Thursday incl. 5 p.m. - 12 midnight.
Friday & Saturday 5 p.m. - 1 a.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.