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Chicken and Pizza Shop in North London For Sale

Chicken and Pizza Shop in North London For Sale
Chicken and Pizza Shop in North London For Sale Buy a Chicken and Pizza Shop in North London For Sale Sell a Chicken and Pizza Shop in North London For Sale Chicken and Pizza Shop in North London For Sale for Sale Chicken and Pizza Shop in North London For Sale for Sale Chicken and Pizza Shop in North London For Sale for Sale Chicken and Pizza Shop in North London For Sale for Sale Chicken and Pizza Shop in North London For Sale for Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, NW LONDON

Turnover £ 12,000
Price £175,000

Features

Chicken Shop and Pizza Takeaway

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 1,200 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, suspended ceiling with LED lighting, CCTV (8 cameras.).

Tables and chairs seating 18 people.

Sales counter, Epos cash register, soft drinks fridge, television screen menues.

Separate Kitchen - Stainless steel extractor, 5 burner chinese hob, 2 double basket deep fat fryers, 2 Henney Penny chicken cookers, Pizza oven (wood burning), microwave, Rationale oven, grill, chicken warmer, heated cabinet, chip dump, chip skuttle, warm chicken display cabinet, coffee machine (2 group), grinder, knock out drawer, ice cream freezer, 5 chest freezers, large fridge, double sink and drainer, 2 pizza making tables, dough mixer, stainless steel preparation table, etc

Walkin cold room.

Staff cloakroom with toilet and wash hand basin.

Store room to rear.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £12,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 3 full time and 1 part time staff employed.

We are informed the wage bill averages £2,500p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 11 a.m. - 6 a.m.

We are advised the premises has a 24 hour Licence.

Outside

Yard with store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £39,000 p.a.

Business Rates from April 2025 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 87,500 (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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