Chicken and Kebab Shop in Hertfordshire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Hertfordshire.

Turnover £ 5,000
Price £70,000

Features

Well Fitted Fried Chicken Plus Kebab Shop

5 STAR HYGIENE RATING
Ample customer's car parking as there are no parking restrictions in front of shop.

DOUBLE FRONTED PREMISES in the region of 650 ft² with tiled floor, suspended ceiling with spot and hanging lighting, sales counter, EPOS till, 4 x LED Menu Boards, Tables and chairs providing seating for 16 People, CCTV system (3 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, deep fryer (2 pan), 2 x kebab machine, grill, flat grill, Henny Penny chicken machine, Flacon Steemer, Cooker (Gas 6-burner), waffle machine, microwave, milkshake machine, 5 x freezer, 4 x fridge, double sink and drainer.

Staff Toilet with w.c. and wash hand basin.

Store room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (30% VIA PORTALS)

Staff

The business is at present operated by the vendor with 4 full time staff employed.

Trading Hours

7 Day week
MONDAY - THURSDAY 12am - 11pm
FRIDAY & SATURDAY 12 - 12
SUNDAY 12am - 11pm

Outside

Parking space for 4 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2021 with stepped reviews every 3 years at a current rent of £16,500 p.a. until 2027 where the rent increases to £18,500 p.a. until 2030 where the rent increases to £21,000 p.a. until 2033 where the rent increases to £22,000 p.a.

Business Rates from April 2025 £1,200 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MAY 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote