For Sale

Takeaway With Huge Potential

Stoke Newington, London

£149,995 +SAV

Ref: B04749

Image 1 of 6

Contact sales negotiator

Matthew Monks

01204556319

Email Matthew Monks

Description

Bombay Mix has been providing indian cuisine to local residents for 5 years.

This is a takeaway only business delivering to customers within a 3 mile radius, however there is plenty of room in the basement to convert this into a restaurant area which could increase the turnover considerably.

They serve everything you would expect from an indian takeaway such as Masala, Korma, Jalfrazi, rice dishes and selection of naans.

The current owner uses delivery apps such as Just Eat, Deliveroo and has their own website managed by chef-online.

The current owner is now looking to sell the business due to family commitments.

Tenure

Leasehold

We are advised this business is being offered as a Leasehold opportunity with 14 years remaining from the original 20 year Lease.

We are advised the annual rent is £16,000 per year.

We are also advised the business benefits from small business rates relief.

Hours

7 Days A week 4:30pm till 11:30pm

Staff

The business is being run by the owner along with 4 full-time members of staff.

Financial Profile

We are advised the business is currently generating a turnover of £286,000 with a gross profit of £104,000 per annum.

Assets: £15,000.

SAV: £15,000.

Location

The business is located on a corner plot along Amhurst Road, Stoke Newington, London.

Stoke Newington is an area occupying the North-West part of the London Borough of Hackney in North-East London.

Bombay Mix is located 0.3 miles from Rectory Road Station which operates an overground service calling at stations such as London Liverpool Street and Bethnal Green

Premises

As you enter the restaurant you are greeted with the counter which houses the till system.

Behind the counter to the back of the premises is the kitchen area which leads to the stairs to the basement.

The basement consists of shower room, kitchen area, and 3 further rooms.

This premises has been divided into two businesses, at the rear of the premises is another kitchen area which is being let to a chicken and burger restaurant.

Equipment:

• Display chiller
• stainless steel fridge
• counter
• 4 x CCTV
• shutters
• till system
• cold chiller store
• ice-cream chest freezer
• 2 x chest freezer
• 7 burner oven
• hot plate
• 2 x stainless steel table
• 2 x microwave

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