Restaurant/cafe for sale in Roehampton High Street, London SW15

£54,950
Restaurant/cafe for sale
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Property description

Ref 6766 – Leasehold Indian Takeaway
Blacks Brokers are proud to bring to the market this leasehold Indian takeaway located in the much sought-after and densely populated area of Pollards Hill, London.


Introduction


Roehampton Tandoori Grill has been trading on Roehampton High Street since 1990 with our client in ownership since opening. This long standing and well-known takeaway has gained a large and loyal customer base and a reputation second to none in this area. The takeaway offers a range of top quality Indian foods at competitive prices.


Location


Located on a quirky old high street of Roehamptom near Putney Village, this area of South West London is well linked by the A23 and A306 with excellent public transport links and parking is available in the immediate area. Popular with commuters and city workers, the area brings much local trade in addition to plenty of passers-by and visitors.


Reason for sale


Roehampton Tandoori Grill is only being offered for sale due to our client’s ill health.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 20 years with rent reviews every 4. The current lease began in 2012 at a cost of £12,000 per annum which is very good for this area.


Building layout and design


Roehampton Tandoori Grill is housed within the ground and lower-ground floor of a spacious, mid-terraced retail unit within a parade of complementary shops and businesses. The shop has clear signage displayed above a mainly glazed shop frontage. Inside, the main waiting area is well-presented and welcoming, with seating area, servery counter and menu board displayed above. To the rear of the counter is a food preparation area and fully-equipped kitchen.The lower-ground floor houses a large store room and staff toilet. All areas are presented well with good quality fixtures and fittings in place.


Staff


Roehampton Tandoori Grill is currently operating with four, part-time members of staff in employment.


Financial details


Financial details are available upon a viewing of the business and Roehampton Tandoori Grill has traded solidly over its trading history. The accounts year end March 2019 show an annaul turnover of £75,341 and gross profits of £55,040. Full financial information is available after viewing.


Summary


This is a long established Indian Takeaway that is located in the quirky Old High Street of Roehampton near Putney Village. The business has a large, established base of customers, however, there is much scope to develop the business further with a strong marketing campaign in the area, which has not been done for a number of years, in addition to lunchtime opening. 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: £54,950.

Please quote ref: 6766

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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