Old Established Indian Takeaway & Delivery | | Undisclosed Gloucestershire | | Owned by the present owner for the past 8 years, in our opinion having tremendous potential as the vendor has recently obtained planning permission to extend the property into the yard and stockroom at rear. Relocating the kitchen area to the rear of the premises would provide space for a Restaurant area for up to 70 persons. We are further advised that the Restaurant has A3 use to trade from 12 noon - 12 midnight seven days per week. The DOUBLE FRONTED MEDIUM SIZED PREMISES at present operate as an Indian Takeaway. The customer's area has a laminated strip floor, counter. Level kitchen at rear, fully equipped including Tandoori oven, 8-burner gas cooker, 1 small fridge, 1 additional fridge, 2 deep freezes, sink etc. Stockroom at rear Staff w.c. and wash hand basin | | ADVERT NUMBER : 17187
ADVERT IMPRESSIONS : 15,359 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | FREEHOLD: | £250000 | LEASEHOLD: | £20000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, residential area, GLOUCESTERSHIREOpening Hours Monday - Saturday inclusive - 5 p.m. - 11 p.m.
NO SUNDAY TRADINGTurnover The business is at present operated on a low key basis and we are informed the turnover is in the region of 1,000 p.w. In our opinion, there is tremendous potential to develop the Takeaway & Delivery service.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: 1,400 p.a. approx. (after small business relief)
OUTSTANDING OPPORTUNITY TO ACQUIRE A NEW LEASE IN RESPECT OF A CATERING PREMISES, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR DEVELOPMENT INTO A RESTAURANT IN THE RIGHT HANDS.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 20,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY (Ground Floor only), GOODWILL, FIXTURES & FITTINGS 220,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTStaff At present operated by the vendor with the assistance of 1 full time chef. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
