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Reference R9702

Attractive Takeaway in Central London For Sale

Attractive Takeaway in Central London For Sale

Register to see map and to make an appointment Occupying a corner position, excellent main road trading position, residential, office and commercial area, close to University and Pubs, CENTRAL LONDON

Turnover £ 2,100
Price £69,950

Features

Attractive Falafel Takeaway

6 DAYS OPENING

OUTSIDE SEATING FOR 10 PERSONS

DOUBLE FRONTED PREMISES in the region of 350 ft² with awning. Suspended ceiling with spotlights, woodstrip floor. Seating for 7 persons. Cool display counter with refrigerated storage section, cash register, 3-group coffee machine, 2 contact grills, deep fryer, stainless steel extractor unit, double fridge, freezer, coca cola glass fronted fridge, microwave oven.

Toilet with w.c. and wash hand basin

Small Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,100 p.w. (£4,500 pre Corona) with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY inclusive 11am - 5pm
(We understand the licence allows the premises to trade until 12 midnight)

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE Council lease, granted for 15 years in 2014 with reviews every 3 years (next review 2023) at a current rent of £17,400 p.a.

Business Rates from April 2021 £6,000 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 OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,975 (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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