Chicken & Pizza Shop in Hampshire For Sale

Occupying a corner position, residential, commercial & office HAMPSHIRE

Turnover £ 3,000
Price £58,000

Features

Pizza, Burgers, Peri Peri Chicken Takeaway & Delivery

Tiled floor. 2 tables plus 4 chairs plus couch for 2 persons. Counter, 2 computers for ordering.

LEVEL KITCHEN with 1 deck pizza oven, refrigerated 3-door making table with refrigerated topping section, 1 small making table, 1 grill, 1 hot cupboard, 1 double door glass fronted fridge, 1 upright glass fronted fridge, 1 upright glass fronted deep freezer, 3 chest deep freezers, walk-in coldroom.

Dry goods store
Staff w.c. & wash hand basin

In addition there is a second kitchen with a Tandoori oven plus 8-burner gas cooker

Turnover

WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. takeaway & delivery. We understand previously the business was an Indian hot food takeaway & with the second kitchen, in our opinion there is potential to reintroduce Indian hot food takeaway & deliveries, if desired.

Staff

At present operated by the vendor with the assistance of 2 full time staff.

Trading Hours

4 p.m. - 12 midnight seven days per week

Accommodation

The accommodation situated on the first floor is at present let room by room & provides a rental income of £1,700 per month including gas & electricity. We understand that vacant possession can be given on completion if required.
The accommodation comprises:

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. & wash hand basin
Kitchen

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease expiring in April, 2026 at a rental of £15,000 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter. (As will be appreciated with the current rental income from the accommodation over of £20,400 p.a. including gas & electricity there is a profit rental at the present time of £5,400 p.a. less the cost of gas & electricity).

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 29,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote