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Reference R1507
Situated in a parade, excellent main road trading position, residential, office and commercial area, MIDDLESEX FELTHAM
Turnover £ 9,500
Price
£109,000
Features
Cafe & Bbq Kebab Restaurant
FORECOURT WITH SEATING FOR 12 PERSONS
4 STAR HYGIENE RATING
SINGLE FRONTED PREMISES in the region of 1,175 ft² with SHUTTERS. Tiled floor, suspended ceiling with spotlights. Tables and chairs providing seating for 56 persons. Sales counter, cash register, cool display counter with refrigerated storage section, salad fridge. CCTV system (4 cameras, 1 monitor).
OPEN PLAN KITCHEN AREA. Stainless steel extractor unit, 2-pan deep fryer flat grill, BBQ Grill, 2 microwaves, dishwasher, fridge, double sink and drainer, separate wash hand basin, 2 kebab machines, 4-pot bain marie.
Walk-in coldroom
2 Stockroom
Ladies' & gentlemen's toilet with w.c. and wash hand basin
Turnover
WE ARE INFORMED by the owner the turnover currently averages £9,500 p.w. with a Gross profit of 65% approx. (10% DELIVERIES)
Staff
The business is at present operated by the vendor with 4 full time & 2 part time staff.
Trading Hours
7 Day week
MONDAY - SATURDAY 8.30 a.m - 8.30 p.m
SUNDAY 9 a.m - 8 p.m
Outside
Rear yard
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2014 with reviews every 5 years (next review 2024) at a current rent of £35,000 p.a. plus VAT. In addition we understand there is a Service Charge of £6,000 p.a. approx.
Business Rates from April 2022 £9,500 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £109,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 54,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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