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viewing is only via appointment only - Please register
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WE ARE INFORMED the turnover averages £7,000/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx. Please note the purchase of this business is subject to entering into a Franchise Agreement, which we understand has a flat fee payable of only £100 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
In view of the spacious premises, in our opinion, there is potential to further increase the turnover by introducing additional forms of catering i.e. possibly chicken and chips or in fact Chinese food as well as the current pizza takeaway and deliveries.
Spacious double fronted premises with tiled floor. Attractive counter, computerised ordering system, 30" Chain Automatic oven, stainless steel extractor unit, refrigerated making table, industrial microwave oven, ice cream deep freeze, 1 upright double door drinks display fridge, dough mixer, commercial deep fryer, 1 upright double door deep freeze, 1 upright single door deep freeze, 2 stainless steel tables, walk-in coldroom etc.
Staff cloakroom with w.c. and wash hand basin
Also included in the sale are 3 motorbikes, utilised for pizza deliveries
Staff
The business is at present operated by the vendor with the assistance of 6 staff. Wages paid £1,700 p.w. approx. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Opening
Hours
11 a.m. - 1 a.m. seven days per week
Accommodation
The accommodation situated in the basement area, all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING. If not required for personal use or for staff, the accommodation could be sub-let to provide a rental income, comprises:
2 Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Hall
Outside
Yard at rear
Tenure
We understand the premises are held on a secure renewable lease having approx. 19 years unexpired at a rental of £22,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.
In addition, we understand there is a service charge of approx. £3,000 p.a.
Uniform Business Rates: £3,000 p.a. approx. + water rates
