Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a superbly fitted Fast Food Restaurant specialising in Chicken, Burgers, Peri Peri Chicken, Pizzas, Chips etc.
The business also offers Takeaway and Delivery
Modern shop front with single door to SPACIOUS RESTAURANT, ceramic tiled floor. Seating area with high ceiling, inset lighting. Air conditioning. Tables and chairs providing seating for 30 persons (could be increased). Attractive counter, touch screen with till.
Open plan kitchen area, upright double sliding door glass fronted drinks display fridge (on loan from Pepsi Cola), ice cream deep freeze, stainless steel extractor unit with stainless steel cladding to walls, charcoal grill, Rational electric oven, 2 Henny Penny chicken pressure cookers, double deep fryer, chip scuttle, large chicken hot display cabinet, single deck pizza oven, large mixer, walk-in coldroom, walk-in deep freeze, double sink and drainer.
Staff/disabled cloakroom with w.c. and wash hand basin
Stairs to first floor comprising large room with laminated strip floor, ideal for storage purposes.
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increse, especially with additional opening yours. Gross profit 70% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £27,000 p.a. exclusive of rates, with rent revisions. We are further advised that the landlords, subject to satisfactory references, are prepared to grant a new 15/20 years lease at an initial rental of approx. £27,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £10,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT