Summary
- Asking price:
-
£59,500
- Sales revenue:
- £119,600
- Net profit:
- Available on request
- Employees:
- The business is at present operated by the vendor with the assistance of his family plus 1 full time and 1 part time staff.
Business description
DOUBLE FRONTED PREMISES with industrial non-slip floor. 2 tables, 6 chairs. Counter, upright single door drinks display fridge (on loan).
Open plan kitchen with hot display cabinet, milkshake machine, pizza oven, refrigerated making table, grill, Henny Penny chicken pressure cooker, doner kebab machine, 2 fridges, 1 deep freeze, 2 large sinks etc.
Staff cloakroom with w.c. and wash hand basin
Property information
- Lease terms:
- The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repair and insuring lease at a rental of £14,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £410 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
- Living accommodation:
- The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £625 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation
- Location:
- Situated in a parade, main road trading position, BEDFORDSHIRE
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £1,500/1,600 p.w in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
- Reasons for selling:
- To Include The New Lease, Goodwill, Fixtures & Fittings £59,500 Plus Stock At Valuation
Substantial Loan To An Approved Applicant
- Trading hours:
- Sunday - Thursday inclusive - 3 p.m. - 12 midnight
Friday & Saturday - 3 p.m. - 3 a.m.
- Financing available:
- Substantial Loan To An Approved Applicant.