Fast Food Take Away For Sale

Business description

Outstanding opportunity to acquire a spacious premises, recently extended at rear to provide a ground floor area in the region of 1,400 sq. ft. in our opinion there is potential to develop the premises as a Restaurant, subject to obtaining the necessary planning permission.

Forecourt in front with attractive brickwork providing parking space for 3 cars

IMPRESSIVE SINGLE FRONTED PREMISES built 1950's approx. plus large extension at rear completed in 2007. Full Gas Fired Central Heating. Customer's area with tiled floor, 6 chairs for customers waiting, counter with tiled front, small glass fronted drinks fridge, 1 additional drinks fridge.

Large kitchen at rear, fully tiled floor and tiled walls. 9-burner Chinese cooker, stainless steel extractor unit, 2 chest deep freezes, 1 upright stainless steel deep freeze, 2 upright stainless steel fridges, 1 additional fridge, 6-burner gas cooker, double sink and drainer, wash hand basin, stainless steel work surfaces etc.

Dry Goods Store plus additional room

Staff cloakroom with w.c. plus shower
Additional separate shower room with shower, w.c. and wash hand basin plus additional room

Rear staircase to large first floor room ideal as a staff room

Property information

Property:

Freehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises: 2 Bedrooms (1 double, 1 single) Bathroom with bath, w.c. and wash hand basin Large Lounge Large Kitchen

Location:

Situated in a parade, excellent trading position, HERTFORDSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx. (We understand the split of turnover is approximately 50% delivery and 50% takeaway).

Reasons for selling:

To Include The New Lease, Goodwill, Fixtures & Fittings £85,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant Or Complete With The Valuable Freehold Property, Goodwill, Fixtures & Fittings £480,000 Plus Stock At Valuation Substantial Mortgage To An Approved Applicant

Trading hours:

6 evenings per week - 5 p.m. - 11 p.m.CLOSED MONDAY EVENINGIt will be appreciated upon inspection that there is potential for additional opening hours.

Financing available:

Substantial Mortgage To An Approved Applicant

Contact the seller