Business for sale

Business description

Location this business is located in east london.

Turnover we are informed the turnover averages £3,000 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.

Price offers invited to include the secure lease, goodwill, fixtures & fittings in the region of £99,500 plus stock at valuation
substantial loan to an approved applicant

Features spacious single fronted premises recently refurbished and refitted. Tiled floor, suspended ceiling. Tables and chairs providing seating for 14 persons. Counter.

Open plan kitchen with 21" single deck pizza oven, 1 henny penny pressure cooker, double deep fryer, chip scuttle, 4-burner grill, pizza dough machine dough preparation table, 3 chest deep freezes, upright glass fronted fridge, 4-door refrigerated making table, walk-in coldroom, double sink and drainer etc.

Staff cloakroom

Staff the business is at present operated by the owner on a part time basis with the assistance of 2 full time and 2 part time staff.

Opening hours sunday - thursday inclusive - 11 a.m. - 12 Midnight
friday & saturday - 11 a.m. - 1 A.m.

Outside yard at rear

Tenure we understand the premises are held on a secure renewable lease having approximately 18 years unexpired at a rental of £14,000 p.a. Exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform business rates: £5,000 p.a. Approx. + Water rates

Recommended for early inspection


Reference : R8096