Attractive Takeaway in Camden Town For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, close to University and Pubs, CENTRAL LONDON CAMDEN TOWN

Turnover £ 2,500
Price £49,500

Features

Attractive Falafel Takeaway - A1 Use with Canopy

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. Air conditioning, 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, 3-door chest 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 £2,500 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 21 years on the 13th March, 2008 with reviews every 3 years at a current rent of £18,900 p.a. We are advised the next rent review is March 2023 which has, to date, yet to be implimented.

Business Rates from April 2023 £2,500 approx. payable after small business relief. (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 £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote