Busy East London Prime Position Fast Food Takeaway For Sale

Business description

Very good location close station, Olympic site and football ground. 1,500 sqft on 2 floors. Taking £4,500 to £5,000 pw @65/70% g.p. Secure 16 year lease from 2005. Rent £30,000 pa. Rates £6,000 pa. Could more than double trade. Huge scope for restaurant.

Property information

Property:

Leasehold

Lease terms:

Renewable 16 year lease from 2005 with 3 yearly rent reviews @ £30,000 pa.

Leasehold rent:

£30,000 per annum

Location:

Situated in a prime corner position within a 5 minute walk from the station and football ground. London Olympic site is also within walking distance.

Premises details:

Run by 3 part-time staff and taking £4,500 - £5,000 pw @65%/70% gp.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Mon – Thu 11 am – 1 am. Fri – Sun 11 am – 3 am.

Employees:

3 part time

Years established:

6

Other information

Support & training:

Available if required.