WELL ESTABLISHED MAINLY TAKEAWAY FISH & CHIPS, KEBABS, BURGERS, ITALIAN PIZ
Price:
Leasehold - £229,000
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : The business is situated in an excellent main road trading position with the advantage we understand of 140 flats being built close by.
SPACIOUS DOUBLE FRONTED PREMISES with tiled floor, counter, electronic cash register.
LEVEL KITCHEN with stainless steel extractor system, cladding to walls, 3 electric double deep fryers, 3 pizza ovens, 1 microwave oven, 2 chest deep freezes, 1 walk-in deep freeze, double sink and drainer etc.
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand that the turnover is mainly takeaway with a small amount of deliveries undertaken). Gross profit 60% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £5,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £229,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, main road trading position, close to University, CAMBRIDGESHIRE
Monday - Saturday inclusive - 11.45 a.m. - 2 p.m. & 5 p.m. - 12 midnight
Sunday opening - 5 p.m.
The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £750 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Living Room
Kitchen
North Yorkshire
£ 750,000
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