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Well Established Takeaway with Residential, Bassaleg Road, Newport, NP20 3NA

1,625 Sq Ft / Leisure / Restaurants / Cafes

For Sale - £35,000.00

Withdrawn - Last updated: 06 August 2019

Superbly fitted throughout, thanks to a recent and extensive programme of refurbishment undertaken at great expense by the current proprietor, these substantial and extremely well maintained two-storey leasehold detached premises provide truly outstanding and highly functional internal business accommodation to the ground floor, which briefly comprises an inviting glazed double-fronted public entrance directly off Bassaleg Road into the main, bright, spacious and welcoming takeaway service area with feature tiled flooring throughout for easy cleaning, stylish lounge furnishings for waiting customers and 2 x large wall mounted TV screens. The main public area also houses a superb, fully fitted, curved food serve-over counter with large, glass-fronted and refrigerated drinks display unit, electronic till point with EPOS system, online ordering system and easy access through to a large,

fully fitted and extensively equipped commercial kitchen with extraction system, tiled flooring and stainless-steel clad walls throughout for easy cleaning, 3-phase electric power supply, a fully equipped preparation/washing-up kitchen area and a full range of modern, high quality, industry standard catering appliances including 9-burner range, traditional Tandoori oven, “Unique” naan bread table oven, double deep-fat fryer and various refrigerator/freezer storage units etc., all of which we understand is to be included in the sale price and further details of which will be made available upon request to any genuine interested parties.

The business premises also enjoy the added security benefits of digital CCTV monitoring and a full alarm system. Accessed directly from the business premises, or by means of its own separate self-contained entrance, to the ground floor the property also provides a high standard of attractively presented and appointed living accommodation ideal for private or staff purposes, which consists of a good-sized lounge and fully fitted domestic kitchen housing ample work surfaces, quality wall and base storage units, fitted sink unit and a full range of appliances, together with a cloakroom/WC.

Further excellent private accommodation to the first floor consists of a landing area leading to three good sized double bedrooms and a further single bedroom, together with a fully fitted bathroom/WC with shower and an additional separate, fully fitted cloakroom/WC. The property also incorporates a usual service yard area at the rear with separate access for deliveries and additional private unrestricted off road parking facilities for approximately three vehicles.

Business

This well-established concern currently primarily offers a full and varied takeaway menu of classic Indian and Bangladeshi cuisine, set meals and accompaniments prepared freshly to order in its extensively equipped in-store catering facilities & also provides a local home delivery service, with online ordering available, and would naturally furnish any enthusiastic person with ample scope for continued growth, not least with regard to considerable further development of its delivery and outside catering services and to operating significantly extended hours in order to fully exploit year-round local demand.

The business would also benefit by adopting a more vigorous marketing policy of its excellent existing services, particularly with reference to further development of its web presence, in order to improve upon the already high levels of turnover it has achieved since being established in its present form some three successful years ago by the current proprietor, with the aid of an experienced and motivated team of five full-time assistants.

Location

The subject premises occupy an outstanding and highly visible trading position among other complementary independent operators in the prosperous and well-populated village suburb of Bassaleg, which lies with excellent access to major road and motorway links A467, A468 and M4 junctions 27 and 28 etc, on the outskirts of the vibrant and historic riverside city of Newport in Gwent.

Accommodation

Approximately 1,625 sq ft including upper parts.

Terms

Uses: A3

Premium: £35,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

Rental: Shop only £12,000  Per annum with four bedroom upper parts rental £16,800 per annum.

Terms: New 10 years Lease.

Business Rates: Nil. Please check with local authority.

Opening Hours: Monday till Sunday 4:30 p.m to 10:00 p.m.

Staff: Owner managed with 4 staff

Upper Parts: Four bedrooms upper parts.

Turnover: Current turnover in excess of £130,000 per annum appoximately.

Accounts: Available on request

Legal Costs: To be confirmed

Local Authority: Newport

Energy Performance Certificate: Energy Performance Asset Rating is 86- D Rating. A copy of this property’s energy performance certificate is available on request.

Reference Charge: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord..

Holding Deposit: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account.

Fixtures & Fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Leasehold £35,000.00 NA

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