Well Equipped Hot Food Takeaway & Delivery In London For Sale

Business description

We understand the premises have A5

IMPRESSIVE & SPACIOUS SINGLE FRONTED PREMISES in the region of 1,000 sq. ft. Front area with laminated strip floor, ceiling with inset lighting. Air conditioning. 4 tables and 8 chairs (can be increased to accommodate 12 persons). Stainless steel open cool display unit (for soft drinks), upright stainess steel fridge/freezer, counter, computer system for ordering.

LARGE REAR KITCHEN with industrial non-slip floor, large stainless steel extractor unit, 2 large stainless steel under-counter fridges each comprising 8 drawers, 2 stainless steel tables, 2 Millstream Merrychefs, 2 commercial microwave ovens, 2 Alto-Sham holding drawers (hot cabinets), Miracle steamer, upright double door stainless steel fridge, walk-in coldroom, 1 upright stanless steel deep freeze, 2 upright deep freezes, double sink and drainer.

Staff ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

3 Scooters used for deliveries

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease for a period of 25 years from 1997 at a rental of a current rental of £35,000 p.a. exclusive of rates, with rent reviews every 5 years.

Uniform Business Rates: £14,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Location:

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

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. takeaway and delivery and including a certain amount in respect of the seating area. In our opinion the business offers tremendous potential for further increase in the right hands. Gross profit we are advised 55% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

12 noon - 2.30 p.m. & 5 p.m. - 10.30 p.m. seven days per week

Employees:

The business is at present operated by the vendor with the assistance of 1 full time manager, 2 full time chefs plus 5 part time drivers.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance