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Related Ads > Essex Business for Sale > Catering to Rent > Catering in Essex for Sale 

Catering Kitchen Specialising In Indian Food For Weddings And Delivery For Sale

Undisclosed Essex
Situated in an Industrial Estate, busy road, commercial area, Essex.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71854
ADVERT IMPRESSIONS : 22,782 TIME(S)

 
BUSINESS SECTOR: Commercial Property
TRADE TYPE: Catering
SALE: Agent Sale

LEASEHOLD:

£45000
 

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BUSINESS DETAILS:

Features : SUMMARY:

• PRICE (LEASEHOLD) £45,000
• SIZE 95(M²) / 1,022.6(Ft²)

• 6 DAYS OPENING
• GROSS PROFIT 60%
• TURNOVER £1,700/£2,000 p.w. on delivery


DESCRIPTION:

SINGLE FRONTED, plasterboard ceiling with fluorescent lighting, ceramic tiled floor.

• Seating area with Sofas.
• Kitchen (Open plan), ceramic tiled floor, Tandoori oven, Cooker (Gas 10-burner), stainless steel extractor unit, 3 preparation tables (stainless steel), double sink and drainer, microwave oven (commercial), 2 chest freezers, 2 fridges, fryer, hot cupboard, etc..

• Toilet with w.c. and wash hand basin. (Staff). Shower room.
• Staff room carpet, EPOS scanning system with 1 till + computer

Location : Situated in an Industrial Estate, busy road, commercial area, Essex.

Opening Hours : 6 Day week (Tuesday - Thursday, and Sunday) 5 pm - 10pm
Friday and Saturday 5 pm - 10.30 pm

Turnover : We have not had sight of the account but WE ARE INFORMED by the vendor :

• Turnover averages £1,700/£2,000 p.w. on delivery
• Gross profit 60% approx.

Tenure : We have not had sight of the lease but WE UNDERSTAND FROM THE VENDOR that the premises are held on a SECURE RENEWABLE lease from the private landlord:


• Lease granted for 15 years in 2010 (renewable under 1954 act)
• Reviews every 5 years (next review 2013 when the rent rises to £4,900)
• RENT £4,500 p.a. in addition we understand there is a further charge by the landlord of £500 for water, ground maintenance and building insurance.

THE VENDOR HAS ADVISED THAT:

• BUSINESS RATES from APRIL 2011 payable: £NIL (Please contact local council to confirm)
• WATER RATES £400 (METERED).

Price : TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS
£45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

N.B. The purchaser is to be responsible for the Landlord solicitors costs.



Outside : Parking space for 2 car.
Bins area.

Staff : The business is at present operated by the vendor

• 3 full time staff employed.
• 1 part time staff employed.
• We are informed the wage bill averages £750p.w. approx.
   
  FOR SALE
   

REFERENCE:

R3126 / RightBiz
   
  Request more information about this business..

ENQUIRIES:

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