Fulwell Tandoori Chef, a popular Indian takeaway, has been listed by estate agents Rook Matthews Sayer for £39,950.
The Sunderland business, which has been under the same ownership since it was established in 1985, is being sold due to the owner’s retirement.
Found on Fulwell Road between Laburnum Road and Moray Street, the takeaway has built a strong reputation for high quality food and customer service according to the estate agents.
It has a weekly turnover of around £2,100 to £2,200, and is situated in a prominent position on a busy main road to the north of Sunderland city centre.
The business, which specialises in traditional Indian cuisine at reasonable prices, has a 5-star food hygiene rating and a loyal customer base.
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It is also featured on food delivery platforms Just Eat and Uber Eats.
The property itself is a spacious end terrace with a flat roof, with a customer service area, kitchen, food prep area, walk-in fridge, a staff WC, and two stores.
It is currently operated part-time by the two owners, with the assistance of two full-time chefs, one full-time server, and a weekend part-time driver.
The new owner will inherit a 15-year lease, which began on October 25, 2020 and will run until October 24, 2035.
Annual rent is set at £14,820.
The business’s food hygiene rating of ‘5 – Very Good’ was confirmed at its last inspection on January 18, 2024.
Rook Matthews Sayer have indicated that any potential buyers can arrange a viewing strictly by appointment through their office.
The estate agent also advised the business’s rateable value is £8,700 as per the 2024 Rating List entry.
Interested parties are encouraged to consider the stock at valuation, which is not included in the £39,950 asking price.