Kebab Shop in Kenley For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, SURREY. KENLEY

Turnover £ 7,000
Price £115,000 / £1,100,000

Features

Fast Food Takeaway Restaurant (specialising In Kebabs & Burgers) & Investment

Comprising ground floor takeaway restaurant with 2 self contained flats above. Well located in town centre, close to Boots, Ladbrokes & Purley Multi Storey Car Park nearby.

SINGLE FRONTED PREMISES in the region of 785 ft². Paster board ceiling with LED spot and fluorescent lighting, tiled floor. Customer waiting area, 5 stalls, could be increased. 2 Doner kebab machines, flat grill, stainless steel extractor unit, valentine deep fat fryer, hot plate, microwave. 4m display chiller, ice cream freezer, chest freezer, wash hand basin, upright drinks fridge

Rear kitchen / preparation area

Walk-in cold room, walk-in chiller, 3 door fridge with stainless steel work surface, freezer, double sink and drainer, wash hand basin.

Staff toilet with sink, shower.

Stairs to basement in the region of 305 ft².

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 3 full time staff employed with the assistance of 3 part time staff including drivers.
We are informed the wage bill averages £2,700 p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 11 pm
SUNDAY 1pm - 11pm

Accommodation

Included in the freehold sale are 2-2 bedroom FLATS (1) 650 sq. ft. (2) 635 sq. ft. currently let on shorthold tenancies, (1) providing a rental of £11,040 p.a. (2) providing a rental of £12,300 p.a. The accommodation comprises:

2 Bedrooms
Bathroom, separate shower, toilet & sink
Kitchen/diner with living area

Outside

The shop has rear access via a service road & parking for 2/3 vehicles.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant in respect of the shop only, a new 16 years full repairing and insuring lease at a rent of £17,000 p.a. for the first 4 years with rent reviews every 4 years.

Business Rates from April 2021 £4,000 approx. payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES AND FITTINGS plus 2-2 BEDROOM FLATS £1,100,000 plus STOCK AT VALUATION
SUBTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (lease) £ 770,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote