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Well established CHICKEN & LAMB DONER KEBABS plus PIZZAS

Price:
Leasehold - £87,500
Turnover:
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Seller Ref:
R3145
Location:

London, North London

Business Type:

Food Service Businesses

See Other:
Kebab shops for sale in London
Other takeaways for sale in London
Fast food restaurants for sale in London
Pizza delivery shops for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED PREMISES fully equipped including 8 tables and seating for 28 persons. Counter, electric cash register.

OPEN PLAN KITCHEN AREA with non-slip floor, stainless steel extractor unit, 2-deck pizza oven, refrigerated making table, barbecue, 2 stainless steel fridges, 1 additional fridge, 2 chest deep freezes, double sink and drainer etc.

Stockroom

WE ARE INFORMED the turnover averages £3,500/£3,800 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 1½ years unexpired at a rental of £20,000 p.a. exclusive of rates.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, residential and commercial area, LONDON, N
Trading Hours:
12 noon - 12 midnight seven days per week
Accommodation:
The SPACIOUS living accommodation situated on the first and second floor comprises:

6 Bedrooms (4 doubles, 2 singles)
Bathroom with bath, wash hand basin
Separate w.c.
Kitchen

The accommodation is at present let and provides a rental income of £600 p.w. however, we understand that vacant possession can be given on completion, if required.

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