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Reference R2274

Chicken Shop and Takeaway in Nottingham For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, close to city centre and near 2 university's NOTTINGHAMSHIRE NOTTINGHAM

Turnover £ 7,000
Price £129,995

Features

Well Fitted Takeaway & Delivery Fried Chicken, Burgers & Chips Plus Seating Area, Recently Introduced Delivery Which Has Increased The Turnover

SPACIOUS DOUBLE FRONTED PREMISES with tiled floor, suspended ceiling. Tables and chairs providing seating for 22 persons. Counter, electronic cash register.

OPEN PLAN KITCHEN AREA with tiled floor. 2 Henny Penny pressure cookers, 1 HCWF chicken hot display cabinet, double deep fryer, chip scuttle, stainless steel small fridge, stainless steel double door fridge, toaster etc.

Ladies' and gentlemen's cloakrooms each fully tiled and with w.c. and wash hand basin

Basement with walk-in coldroom, walk-in deep freeze, double sink and drainer

Turnover

WE ARE INFORMED the turnover currently averages £7,000/£8,000 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by the vendor with the assistance of a full time manager plus 3 part time staff.

Trading Hours

Sunday - Thursday inclusive - 11 a.m. - 12 midnight
Friday & Saturday openin - 11 a.m. - 2 a.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 50 years unexpired from 2007 at a rental of £15,500 p.a. exclusive of rates up to 2027 with rent review at that time and thereafter every 7 years.

Uniform Business Rates: £2,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £129,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 64,998 (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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