Asking price: £80,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The vendor is in the course of fitting the Catering Premises out as a Chicken Shop and in our opinion there is tremendous potential to develop a profitable business in the right hands.

SINGLE FRONTED CATERING PREMISES, approx. 550/600 sq. ft. with porcelain tiled floor, high ceiling with inset lighting. Air conditioning. New stainless steel extractor unit.

Equipment included Henny Penny chicken cooker, deep fryer, hot display cabinet, fridges, deep freezes, double sink and drainer.

Staff cloakroom with w.c. and wash hand basin

Employees: -

Trading hours: -

Property: Leasehold

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 £25,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Uniform Business Rates: £6,000 p.a. approx. OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED CHICKEN SHOP WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR DEVELOPMENT IN THE RIGHT HANDS. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Location
Excellent trading position, LONDON, W

Expansion potential
-

Reasons for selling
To Include The New Lease, Fixtures & Fittings £80,000 Subject To Contract Substantial Loan To An Approved Applicant Or Offers Invited To Include The Valuable Freehold Property, Fixtures & Fittings In The Region Of £470,000 Subject To Contract Substantial Mortgage To An Approved Applicant

Financing available
Substantial Loan To An Approved Applicant.