Chain of 2 Chicken and Pizza Takeaway in Northamptonshire For Sale

Situated in a parade, excellent main road trading position, NORTHAMPTONSHIRE

Turnover £ 24,000
Price £380,000

Features

Small Chain of 2 Fast Food Chicken and Pizza Shop

SHOP 1 - SEATING FOR 8 PEOPLE
4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 675 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights, sales counter, 2 x EPOS till, 14 LED Sign Boards, Tables and chairs providing seating for 8 People, CCTV system (12 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, hot plate, chip dump, 2 x deep fryer (2 pan), 2 x Henny Penny, breading table, pizza oven with conveyor belt (single deck), hot cupboard, refrigerated making table, fridge, freezer, etc

Walkin coldroom.
Walkin freezer room.
Stock room / Store room.
Staff Toilet with w.c. and wash hand basin.

Basement, used for storage purposes

SHOP 2 - SEATING FOR 25.
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,870 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights, sales counter, 2 x EPOS till, 14 LED Sign Boards, Tables and chairs providing seating for 25 People, CCTV system (12 cameras, 1 monitor).

Open plan kitchen area, double stainless steel extractor unit, hot plate, chip dump, 2 x deep fryer (2 pan), 2 x Henny Penny, breading table, pizza oven with conveyor belt (single deck), refrigerated making table, fridge, 3 freezer, hot cupboard

Walkin freezer room.
Walkin coldroom.
Stock room / Store room.
Staff Toilet with w.c. and wash hand basin..
Basement in the region of 200 ft² (not currently utilised)

Turnover

SHOP 1 - WE ARE INFORMED by the owner the turnover currently averages £13,000 p.w. with a Gross profit of 65% approx. (65% ONLINE SALES)

SHOP 2 - WE ARE INFORMED by the owner the turnover currently averages £11,000 p.w. with a Gross profit of 65% approx. (65% VIA PORTALS)

Staff

SHOP 1 - The business is at present operated by 3 full time & 2 part time staff plus 3 drivers.

SHOP 2 - The business is at present operated by 2 full time & 2 part time staff plus 2 drivers

Trading Hours

SHOP 1 - 7 Day week
SUNDAY - THURSDAY 11am - Midnight
FRIDAY & SATURDAY - 11am - 2 AM

SHOP 2- 7 Day week
SUNDAY - THURSDAY 11am - Midnight
FRIDAY & SATURDAY 11am - 1am

Accommodation

SHOP 1 - THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,500 per month. The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchenette.
Shower room with shower, w.c. and wash hand basin.

SHOP 2 - NEWLY FIITED 2023

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,200 per month . The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Large Lounge.
Kitchen.
Shower room with shower, w.c. and wash hand basin.

Outside

SHOP 1 - Rear yard

SHOP 2 - Rear yard with Parking space for 2 car.

Tenure

SHOP 1 - The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE granted for 15 years in 2025 with reviews every 5 years (next review 2030) at a rent of £24,000 p.a. for the first 5 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

SHOP 2 - WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2011 with reviews every 5 years (next review 2026) 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 2010, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE BOTH UNITS, THE SECURE RENEWABLE LEASES, GOODWILL, FIXTURES & FITTINGS £380,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 190,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote