Fast Food Takeaway in South London For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, SW LONDON

Turnover £ 6,500
Price £49,900

Features

Well Established Licensed Takeaway

FORECOURT WITH OPTIONAL SEATING FOR 6 PERSONS

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 775 ft² with Electric Awning. Laminated strip floor, suspended ceiling with spot and panel lighting. Possible seating for 20 persons. Cool display counter with refrigerated storage section, EPOS till, under-counter fridges. CCTV system (6 cameras).

OPEN PLAN KITCHEN area with stainless steel extractor unit, Rational oven, grill, oven, 2-2 pan deep fryer, 3 large fridges, 3 large freezers.

PREPARATION ROOM. Stainless steel extractor unit

Staff toilet with w.c. and wash hand basin

Basement in the region of 350 ft², used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a gross profit of 65% approx. (including deliveries)

Staff

The business is at present operated by the vendor with family support

Trading Hours

7 Day week
MONDAY - SUNDAY 11 a.m - 10 p.m

(Licensed 7 a.m. - 11 p.m with 2 a.m Catering Licence on Friday & Saturday)
Alcohol Licence until 11 p.m. 7 days p.w.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2015 with reviews every 5 years (next review 2025) at a current rent of £15,000 p.a.

Business Rates from April 2023 £500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,900 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,950 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote