Prominent Town Centre Trading Position
Long Established & Locally Well Known
Very Well Fitted & Presented
Taking £5,000 to £6,000 per week with High Net Profit
Leasehold Price £84,950
Description and Trade:
This wide fronted shop has a prominent and desirable Town Centre location.
The business sells a range of hot foods i.e. pizzas, kebabs, Burgers etc. for taking away or locally delivered.
The spacious Sales/Serving Area (8.5m x 5.1m average) is well fitted and presented to a high standard, having a suspended ceiling with concealed lighting, terrazzo type flooring, and is fully wall tiled. Fixtures and fittings include two level pizza oven, charcoal grill, double kebab machine, double and single deep fat fryers, bain marie, full width illuminated menu board, double upright drinks chiller, insect killer unit, hand wash etc. CCTV is installed.
Internal stairs up to Kitchen (4.1m x 3.0m) having 4 hob cooker, deep bowl sink, stainless steel cupboards and work surfaces etc. Preparation Room (4.2m x 4.0m) with walk in Cold Room, chest freezer, upright fridge, upright freezer, dough mixer, stainless steel work surface. Off is a small Stock Room.
There is also a storage Cellar.
There is no living accommodation.
An expensively fitted business having a prime town centre trading location that has been established over 40 years.
Our Client Informs Us That:
Takings and Profitability:
High takings of around £5,000 to £6,000 per week. Gross profit margins in this type of trade is expected to be 70% plus. The owner informs us that the net profit (after expenses) averages about £1,350 per week.
5.00pm – 2.00am Sunday to Thursday
5.00pm – 3.30am Friday & Saturday
The Business is fully operated under management by five full-time assistants and one part-time assistant. A working owner would be able to make considerable savings on staff costs. A working owner would be able to make considerable savings on staff costs.
Leasehold. Held on a renewable 15 year lease from 2009 with 3 yearly reviews. The present rent is comparatively low at just £8,000 per annum.
£84,950 plus stock at valuation for the lease, business, and valuable inventory of fixtures, fittings and equipment.