Immaculate Kebab Shop in North London For Sale

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

Turnover £ 9,500
Price £189,500

Features

Immaculate Kebab Shop

NEWLY FITTED 2022 TO A HIGH STANDARD

DOUBLE FRONTED PREMISES in the region of 660 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with spotlights. Tables and chairs providing seating for 8 persons. Cool display counter with refrigerated storage section, EPOS till, 3 LED menu screens.

OPEN PLAN KITCHEN. Stainless steel extractor unit, 2 kebab machines, gas grill, double fridge, double sink and drainer

Walk-in coldroom

Staff 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. (20% DELIVERIES NO DRIVERS)

Staff

The business is at present operated by the vendor with 1 full time & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 12 midnight
SUNDAY 2 p.m - 11 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2022 with reviews every 4 years (next review 2026) at a current rent of £22,000 p.a.

Business Rates from April 2023 £2,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £189,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 94,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote