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Old established KEBABS, PIZZAS, BURGERS TAKEAWAY & DELIVERY

Price:
Leasehold - £90,000
Turnover:
Register to view
Seller Ref:
R1360
Location:

London, East London

Business Type:

Food Service Businesses

See Other:
Pizza delivery shops for sale in London
Fast food restaurants for sale in London
Kebab shops for sale in London
Other takeaways for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
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
Location Details:
Situated in a parade of shops occupying a corner position, just off the main road, residential and commercial area, LONDON, E
Trading Hours:
Monday - Saturday inclusive - 12 noon - 11 p.m.
Sunday opening - 3 p.m. - 11 p.m.
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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