Business description
SINGLE FRONTED MEDIUM SIZED PREMISES with tiled floor and tiled walls. Counter, 2 computers plus 1 till.
OPEN PLAN COOKING AREA, single deck Middleby Marshall 32" conveyor belt pizza oven, refrigerated making table, 2 stainless steel fridges, 1 deep freeze, sink etc.
Staff cloakroom with w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease, the present lease having approximately 6½ years at a rental of £5,000 p.a. exclusive of rates up to March, 2012 increasing at that time to £7,000 p.a. exclusive of rates we understand for the remainder of the term.
Uniform Business Rates: Nil payable after small business relief
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Adjoining car park, close to town centre, HAMPSHIRE
Business Operation
- Expansion potential:
- WE ARE INFORMED the turnover currently averages £1,800/£2,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60/65% approx.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £27,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- 12 noon - 12 midnight seven days per week
- Employees:
- The business is at present operated by the vendor on a part time basis with the assistance of 2 full time staff.
Other information
- Financing available:
- Please call Nationwide Businesses who will be pleased to help you with finance