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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Situated in a parade, excellent main road trading position, LONDON, SW (Please register to make appointments and view addresses)

SPACIOUS SINGLE FRONTED PREMISES, fully equipped including brick facia counter with stainless steel top. 2 computers plus fax machine for ordering.

Fully tiled floor and tiled walls. The equipment includes walk-in coldroom, double sink and drainer, wash hand basin, 5 chest deep freezes, 3 stainless steel tables, vegetable cutting machine, 2 small glass topped chest deep freezes, 1 upright glass fronted Háágen Dazs ice cream deep freeze, 1 upright glass fronted Ben & Jerry's ice cream deep freeze, upright single door glass fronted Coca Cola fridge, double gas deep fryer, chip scuttle, 3-deck pizza oven, stainless steel extractor, 2 3-door refrigerated making tables with marble top.

4 Mopeds for deliveries

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. in our opnion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.

The business is at present staff operated. Staff employed Monday-Thursday 2 full time staff. Friday & Saturday 2 additional staff. Sunday 1 additional staff. In addition 3 drivers are employed.

Sunday - Thursday inclusive - 11 a.m. - 12 midnight
Friday & Saturday - 11 a.m. - 1 a.m.

Large car park at rear

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (The vendor is happy to grant a shorter lease if desired).

Alternatively the vendor is prepared to consider the sale of the Freehold property which would include the adjoining premises used as offices comprising large open office. We understand the vendor is currently negotiating a new rental and we understand this should provide a rental of £22,000 p.a. In addition, the first and second floors situated over the adjoining shop and indeed over the Pizza Takeaway & Delivery are also let on lease and provide a further rental income of £26,000 p.a. As will be appreciated the anticipated rental income is in the region of £48,000 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £170,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

SUBSTANTIAL OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS

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