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WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire a HOT FOOD TAKEAWAY in this excellent trading position. The business benefits from a good student population.
Single fronted medium sized premises with tiled floor. Counter, electronic cash register.
Level kitchen with 2 5-burner Chinese cookers, 6-burner gas cooker, large deep fryer, charcoal grill, 3 fridges, 2 deep freezes etc.
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by a husband and wife team with the assistance of 1 part time staff plus 2 part time drivers.
Opening
Hours
5 p.m. - 12 midnight seven days per week
It will be appreciated upon inspection that there is potential for daytime opening
Accommodation
On the first floor there are 3 rooms, which in our opinion have potential to develop into living accommodation with modernisation.
Outside
Yard at rear with parking space
Tenure
We understand the premises are held on a secure renewable lease having approx. 15½ years unexpired at a rental of £12,500 p.a. exclusive of rates for the next 3½ years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,650 p.a. approx. + water rates