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North Surrey Attractive Indian Takeaway & Delivery For Sale

 
Surrey, United Kingdom
 
Advert ref: TA533CG
  
Business description
A high quality Indian/Bangladeshi catering business offering an extensive menu for takeaway and delivery. Free delivery is offered on purchases exceeding £10 and a 10% discount is offered for collections. The delivery area currently covers a 5 mile radius of the shop. We are informed that there has been little recent leafleting or marketing carried out on this business except a small advertisement in the local paper.

PROPERTY The business occupies a character detached property with a self contained 2 bed roomed flat above which we are informed could easily be sublet for around £600/£700 per month. The ground floor business premises consist of a customer area with quality tiled floor and painted walls, a store room, catering kitchen and further rear store with rear access.

EQUIPMENT The equipment includes an 8 burner double oven gas range, Tandoor oven, 2 x Chest freezers and a double upright refrigerator.
A full inventory of equipment will be made after receipt of an acceptable offer to purchase.

THE BUSINESS We are informed that the business is currently taking in the region of £2,500/£3,000 per week with trade increasing over the past year. In our opinion, the business has potential for expansion by further leafleting and advertising.
Full accounting information will be made available to serious potential purchasers after a formal viewing of the business.

TENURE Leasehold. We are informed that the current rent (including flat) is around £12,000 per year. The lease has approximately 5 years remaining.

RATES The current owner pays around £1,200 per year Business rates (after Small Business Rate Relief). Potential purchasers should make enquiries of the local authority as regards their own liability. Council tax on the flat is in the region of £1,000 per year.

HOURS Current opening hours are 5.30 pm to 11.30 pm 7 days a week.

STAFF Owner plus 5 full time employees and 1 part time employee.

LEGAL FEES Vendors and purchasers to meet their own contractual costs.
The purchaser is to meet the landlord’s costs relating to the lease.

Trading hours: Current opening hours are 5.30 pm to 11.30 pm 7 days a week
Property: Leasehold

Lease terms
We are informed that the current rent (including flat) is around £12,000 per year. The lease has approximately 5 years remaining.

Location
Situated on the southern outskirts of a major North Surrey town (outside M25) near a main line railway station. The business occupies a detached building with ample parking both on the private forecourt and also in the residential roads nearby.

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