Kebab Shop in North London For Sale

Situated in a parade of shops, main road trading position, residential & commercial area, NORTH LONDON

Turnover £ 5,000
Price £110,000

Features

Well Fitted Kebab Shop

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 425 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot lights, cool display counter with refrigerated storage section, EPOS till, stainless steel extractor unit, 2 kebab machine, grill, deep fryer (2 pan), drinks display fridge (glass fronted upright three-door), 6 LED Menu Screens, Tables and chairs providing seating for 4 People, CCTV system (6 cameras, 1 monitor).

Kitchen, large freezer, fridge, double sink and drainer, preparation table.

Toilet with w.c. and wash hand basin..

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (SLIGHT DELIVERIES VIA PORTALS)

Staff

The business is at present operated by the vendor with 3 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 11pm
SUNDAY 2pm - 11pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £18,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote