Property Information
Address:
East Sussex For Sale With Nationwide Businesses
, East Susse
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH448480
Property Ref/Agent: R5368-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
Spacious Indian Hot Food Takeaway
Delivery
NO PARKING PROBLEMS
SPACIOUS SINGLE FRONTED PREMISES in our opinion there is potential to convert the premises into a Restaurant area which in our opinion could accommodate up to 50 persons, if desired.
Customers' area with wooden floor, counter plus seating for customers' waiting for 10/15 persons.
LEVEL KITCHEN, stainless steel extractor, stainless steel cladding to walls, mainly stainless steel equipment, 8-burner gas cooker with ovens, 3 stainless steel tables, sink
drainer, 3 fridges, 1 deep freezer.
Stockroom with 1 fridge, 2 deep freezers
Staff cloakroom with w.c.
wash hand basin
Turnover
WE ARE INFORMED the turnover averages 1,600 p.w. takeaway
delivery, in our opinion offering tremendous potential for further increase in the right hands.
Staff
The business is at present operated by the vendor with the assistance of 3 full time staff.
Trading Hours
5 p.m. - 11 p.m. seven evenings p.w.
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, is at present let and provides a rental income of 900 per month, however, we understand that vacant possession can be given on completion, if required.
The accommodation comprises:
2 Double Bedrooms
Bathroom with bath, w.c.
wash hand basin
Large Lounge
Kitchen
Outside
Parking space at rear for 2 cars
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 17 yeas unexpired at a rental of 14,208 plus VAT p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
(As will be appreciated with the rental income of 10,800 p.a. from the flat over the net rental payable at the present time is only 3,408 p.a. exclusive of rates).
Uniform Business Rates: 680 p.a. approx. (after small business relief)
EPC Rating D (88)
RECOMMENDED FOR EARLY INSPECTION
REDUCED FOR EARLY SALE
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES
FITTINGS 29,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
;