Price:
Leasehold - £120,000
Location:
London, East London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : DOUBLE FRONTED PREMISES with tiled floor. Tables and chairs providing seating for 30 persons. Counter, electronic cash register, glass topped drinks display fridge, stainless steel extractor unit, 1 kebab machine, charcoal grill, 4-burner gas cooker, stainless steel tables, large deep freeze, coldroom etc.
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £5,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £19,000 p.a. exclusive of rates for the next 1 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £6,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, LONDON, E
Monday - Saturday inclusive - 11 a.m. - 12.30 a.m.
Sunday opening - 12 noon - 12 midnight
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