Business for sale

Business description

We are informed the turnover averages £4,500/£5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.


Price: OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: SPACIOUS DOUBLE FRONTED PREMISES with tiled floor, suspended ceiling, counter, electronic cash register, upright single door drinks display fridge. It will be appreciated upon inspection that in view of the size of the premises there is potential to introduce a seating area, if desired.

Open plan kitchen. The equipment includes 2 kebab machines, 2 Henny Penny chicken pressure cookers, 2 double deep fryers, 2 chest deep freezes, walk-in coldroom, walk-in deep freeze, charcoal grill etc.

Rear room with double sink
Staff cloakroom with w.c. and wash hand basin


Staff: The business is at present operated by the vendor with the assistance of 3 full time and 1 part time staff.


Opening Hours: Sunday - Thursday inclusive - 11 a.m. - 1 a.m.
Friday & Saturday - 11 a.m. - 3 a.m.


Tenure We understand the premises are held on a secure renewable lease having approximately 4 years unexpired at a rental of £19,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £3,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION


Reference : R8728