Able Estates are pleased to bring to the market this Freehold Investment Commercial property currently trading as an Indian take away with the current tenants having 6 years remaining on a fr&I Lease paying a rent of £11,250 per annum. The Lease expires February 2025 with a Rent Review February 2021.
This Commercial property is in a central location close to Bexleyheath Train Station and well positioned for M25/A2 and various bus routes. This would suit an experienced investor looking to increase their business portfolio or someone looking to gain a foothold in commercial trade investment.
Radhuny Express is a well established Indian take away located in Bexleyheath, which is a densely populated residential area of Kent. The business is situated on a main road through Bexleyheath which has a number of independent retailers and bus routes.
The business has been run under the current tenant since 2009 and it has built up an excellent reputation for providing high quality take away food service .
AccountsWe have been advised that the business turnover is £100,000 per annum.
Trading HoursMonday to Sunday14:30 to 22:30StaffThe business is run by the current tenant along with 4 full time employees and 2 part time members.
,Building ExternalThe business operates from the ground floor of a terraced, two storey property and a parking space on the front forecourt.
Building InternalOn entry there is a serving counter and seating area which leads onto the kitchen and prep area, store room and w.
c. Which is approx 27 sq m.
Ancillary AreasOn the first floor there are two separate rooms which need renovation but are available for the use of any potential future tenants totalling approx. 30.7 sq m.
Business RatesWe understand from Bexley Council the Rateable Value is £4,150 per annum. Rates payable are subject to small business rate relief.
A viewing is highly recommended to fully appreciate the property, location and business opportunity on offer.
Shop Area. - 13'0" (3.96m) x 8'0" (2.44m)Angled Entrance Door.
Kitchen Area. - 14'0" (4.27m) x 8'0" (2.44m)Store Room. - 9'0" (2.74m) x 8'0" (2.44m)Dining Room. - 9'0" (2.74m) x 10'0" (3.05m)Bedroom. - 14'0" (4.27m) x 10'0" (3.05m)NoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only. Continued...
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