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Reference R1029
End of terrace property, excellent main road trading position, residential, office and commercial area, SURREY COBHAM
Turnover £ 5,500
Price
£70,000
Features
Impressive Kebab Shop
5 STAR HYGIENE RATING ~ 6 DAYS OPENING
FORECOURT WITH PARKING FOR 2 CARS (COULD BE UTILISED AS OUTSIDE SEATING)
DOUBLE FRONTED PREMISES with sliding doors. Tiled floor, suspended ceiling with spotlights. Cool display counter with refrigerated storage section, cash register, chalk menu board, stainless steel extractor unit, industrial non-slip floor, 2 kebab machines, griddle, 2-pan deep fryer, chip dump. CCTV system (7 cameras, 1 monitor).
KITCHEN. Stainless steel counters, preparation table, 2 fridges, 4 freezers, double sink and drainer, additional large sink, shelving.
Disabled Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £5,500/ £6,000 p.w. with a gross profit of 65% approx. (NO DELIVERIES UNDERTAKEN AT PRESENT). In our opinion there is potential to introduce deliveries.
Staff
The business is at present operated by the vendor with 3 full time staff.
Trading Hours
6 Day week (with scope for additional hours)
MONDAY - FRIDAY 11 a.m - 10 p.m
SATURDAY 2 p.m - 9 p.m.
CLOSED SUNDAY
Accommodation
To be included in the new lease:
Self contained 2 bedroomed flat.
Kitchen / diner.
Shower room.
Available for owner occupation or, we are advised, the landlord has consented for the accommodation to be sub-let
Outside
Parking space for 2 cars.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a under lease from a blue chip company until December 2024 at a rent of £31,000 p.a. In December 2024 we understand the Landlord is happy to grant a new lease direct to the tennant in situ at terms to be agreed, subject to contract. The new lease will include a 2 bedroom flat above with parking, at an initial rental in the region of £60,000 pa with rent reviews.
Business Rates from April 2023 £7,000 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 35,000 (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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