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Reference R1664
Semi-detached property, unopposed trading position, residential area, serving one of the largest RAF bases in the UK, NORFOLK
Price £75,000
Features
Unopposed and Modern Pizza & Kebab Shop
Very low competition from other surrounding fast food takeaways in the area making this a truly rare opportunity to avoid online food platform commissions.
PLENTY OF ON SITE PARKING
5 STAR HYGIENE RATING FOR 10+ YEARS
4.8 STARS (120) GOOGLE REVIEWS
SINGLE FRONTED PREMISES - Air conditioning unit. Non slip industrial lino floor, tube lighting. Sales counter, electronic cash register, double deck single phase 12 x 12 pizza oven, gas double doner machine, gas charcoal assisted grill, double basket deep fryer, 2-pot bain marie, microwave, pizza topping unit with marble surface, display salad fridge, 2 soft drinks fridges
REAR PREPARATION AREA. 4 chest freezers (stainless steel tops) full height stand up freezer, 50 litre dough mixer, wash hand basin, large sink with drainer, 4 stainless steel preparation tables, 50 litre hot storage water tank.
Staff room / store room
Staff cloakroom with toilet and sink.
Turnover
WE UNDERSTAND THE VENDOR enjoys a lucrative turnover, considering short opening hours, full details will be discussed upon inspection. In our opinion the business offers terrific potential, especially with the introduction of longer opening hours and the introduction of deliveries. No platforms or delivery. Highly rated on google and facebook 4.8/5 star rating with strong social media presence.
Staff
The business is at present operated by the vendor with 2 full time staff plus the assistance of 3 part time staff.
Trading Hours
5 Day week
Tuesday - Saturday - 4 p.m - 9 p.m
Licence allows 6 days per week and longer opening hours if desired.
Accommodation
Available as an optional extra on a 12 month shorthold tenancy at a rent of £190 per week (£9,880 p.a.), flat above, entrance via door to the rear of the shop comprising:
2 bedrooms (1 single 1 double)
Fiitted kitchen
Shower room with shower, sink and toilet.
Open plan lounge/diner
Outside
Staff parking to side and rear
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new SECURE RENEWABLE 12 years lease, 3 yearly reviews, rent £10,920 p.a. (£210 p.w.)
NIL Business Rates after full relief 2023 (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2001 AND SOLELY OFFERED FOR SALE AS THE VENDOR WISHES TO RETIRE.
Price
TO INCLUDE THE NEW SECURE RENEWAL LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 37,500 (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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