Well Equipped Central London Fast Food Takeaway For Sale

Business description

Attractive premises.

3 tables plus chairs plus breakfast bar with stools providing seating for approx. 15 persons. Counter, stainless steel cool display serveover counter.

Rear open plan cooking area with tiled floor, tiled walls plus mostly stainless steel cladding to walls. The equipment includes Henny Penny stainless steel chicken hot display cabinet with hot bun cabinet section, microwave oven, 2 Henny Penny chicken pressure cookers, charcoal grill, double deep fryer, chip dump, doner kebab machine, single fronted cool display soft drinks fridge.

Stairs to basement with tiled floor, walk-in deep freeze, walk-in coldroom, chest deep freeze, 2 sinks with drainer, breading machine 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 having approx. 21 years unexpired at a rental of £15,000 p.a. for the next 1 year, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,500 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED CATERING BUSINESS IN THIS EXCELLENT TRADING POSITION. IN OUR OPINION, THE BUSINESS OFFERS TREMENDOUS POTENTIAL IN THE RIGHT HANDS.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent main road trading position, LONDON EC

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £1,800/£2,000 p.w. in our opinion offering tremendous potential for further increase, especially with possibly the introduction of pizzas. Gross profit 70% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 11.30 a.m. - 9.30 p.m. only
CLOSED SATURDAY & SUNDAY
We understand the business can be open until 12 midnight, in our opinion offering further potential for increased turnover.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.