Business for sale

Business description

Location Situated in a parade, excellent main road trading position, Middlesex

We are informed the turnover averages £5,500/£6,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £135,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features DOUBLE FRONTED PREMISES approx. 650 sq. ft. with ceramic tiled floor, suspended ceiling with fluorescent lighting. Tables and chairs providing seating for 44 persons. Counter plus additional cool display serveover counter, electronic cash register, 2 group coffee machine.

Open plan kitchen area with 2 kebab machines, 1 griddle, stainless steel extractor, double deep fryer, 1 large deep freeze, 2 stainless steel fridges, 2 additional fridges, double sink and drainer, wash hand basin etc.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Staff The business is at present operated by the vendor with the assistance of 5 full time plus 1 part time staff. Wages paid in the region of £1,200 p.w.

Opening Hours Monday - Thursday inclusive - 11 a.m. - 12 midnight
Friday & Saturday - 11 a.m. - 1 a.m.
Sunday opening - 12 noon - 12 midnight

Tenure We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of £13,000 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

Uniform Business Rates: £4,500 p.a. approx. + water rates

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 14 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION


Reference : R7996