Ref 6013 – Leasehold Thai & Indian Takeaway
Blacks Brokers are proud to bring to the market this leasehold Thai and Indian takeaway located in the Denmark Hill area of London.
Denmark Hill Tandoori has been trading on Grove Lane since 1984 with our client in ownership since 1999. The takeaway offers a wide selection of Thai and Indian food choices including sea food and curries and has gained a large and loyal customer base along with a superb reputation.
Located in Grove Lane in Camberwell close to Denmark Hill rail station, Kings College Hospital, Maudsley Hospital and William Booth College. The business is close to a busy residential area as well as many other local businesses and shops. There is free parking directly outside the premises.
Denmark Hill Tandoori is only being offered for sale due to our client’s other business commitments and interests.
The building is available on a competitive rent on a Internal Repair Only lease (iro lease). The current lease is 16 years and began in 2016 at a cost of £9,000 per annum
The business is housed within a single storey, single fronted at the end of a parade of shops and other businesses. The shop is branded well with colourful signage on display and a glazed frontage with metal shutters in place. Inside, the servery area is well presented with customer service counter and small waiting area. The kitchen and food preparation area is positioned to the rear of the space along with store room and staff toilet. These areas are well equipped and well presented, the business has been awarded a 5* hygiene rating. All fixtures, fittings and equipment are of good quality.
Denmark Hill Tandoori is currently operating with six members of staff in employment.
Financial details are available upon a viewing of the business and Denmark Hill Tandoori has traded solidly over its trading history. The business generates a Projected Annual Turnover (2019/20) £84,500Projected Gross Profit (2019/20) £55,450.
This is an excellent opportunity to purchase a very well established Indian & Thai takeaway in an affluent area of South East London well linked with rail stations, hospitals and a college. Very well presented and awarded a 5 Star Hygiene Rating.This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations.
Early viewings are strongly advised. Business: £44,950.
Please quote ref: 6013