| (REF: R1360) Old Established Kebabs, Pizzas, Burgers Takeaway & Delivery |
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| Seller Reference: |
R1360 |
| B4S Reference: |
21736 |
| Asking Price: |
£90,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£156,000 |
| Number of Staff: |
1 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
East London, London, United Kingdom |
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Nationwide are pleased to offer to the market : SINGLE FRONTED PREMISES with tiled floor. The equipment includes counter.
Open plan kitchen with stainless steel extractor unit, 2 kebab machines, large single deck pizza oven, 2 fridges, 4 chest deep freezes etc.
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,000/£3,200 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
The vendor owns the freehold and subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease in respect of the shop and accommodation over at a rental of £19,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Alternatively, should the accommodation not be required, the vendor, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease in respect of the shop only (excluding the accommodation) at a rental of £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £800 p.a. approx. (after small business relief)
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The accommodation in the form of a SELF CONTAINED FLAT over, comprises:
1 Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Kitchen
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Location: |
Situated in a parade of shops occupying a corner position, just off the main road, residential and commercial area, LONDON, E |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Saturday inclusive - 12 noon - 11 p.m.
Sunday opening - 3 p.m. - 11 p.m. |
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At present run by 2 of the vendors brothers plus son and 1 driver employed. |
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