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viewing is only via appointment only - Please register
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WE ARE INFORMED the turnover averages £1,500/1,600 p.w in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
DOUBLE FRONTED PREMISES with industrial non-slip floor. 2 tables, 6 chairs. Counter, upright single door drinks display fridge (on loan).
Open plan kitchen with hot display cabinet, milkshake machine, pizza oven, refrigerated making table, grill, Henny Penny chicken pressure cooker, doner kebab machine, 2 fridges, 1 deep freeze, 2 large sinks etc.
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of his family plus 1 full time and 1 part time staff.
The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £625 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
2 Bedrooms (1 large double, 1 single)
Shower room with shower, w.c. and wash hand basin
Large Lounge
Kitchen
Outside
Garden at rear
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repair and insuring lease at a rental of £14,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £410 p.a. approx. (after small business relief)
