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Reference R9897

Chicken Shop and Pizza Takeaway in North London For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, N LONDON

Turnover £ 7,000
Price £120,000

Features

Fully Equipped Chicken & Pizzas Takeaway & Delivery

SPACIOUS DOUBLE FRONTED PREMISES with tiled floor, suspended ceiling with lighting. Breakfast bar with 6 stools (can be increased if desired). Counter, 1 computer.

OPEN PLAN KITCHEN AREA with tiled floor, part tiled walls plus plastic cladding to walls & part stainless steel cladding to cooking area. 1-deck pizza oven with conveyor belt, 1 Henny Penny chicken pressure cooker, 1 grill, double deep fryer, 4 stainless steel fridges, 1 stainless steel upright double door deep freezer, 3 chest deep freezers, double sink & drainer etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £7,000/£8,000 p.w. in our opinion offering further potential to increase in the right hands. We understand approximately 80% of the turnover is in respect of deliveries, 20% collection.

Staff

At present operated by the owner on a part time basis with the assistance of 2 full time & 1 part time staff. In addition there is 1 full time & 1 part time driver employed for deliveries.

Trading Hours

11 a.m. - 3 a.m. seven days per week

Outside

Small yard at rear

Tenure

We understand the premises are held on a new 20 years lease from 2021 at a rental of £14,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every years.

Uniform Business Rates: Nil payable at present after small business relief

* N.B. The purchaser is to be responsible for the Landlord's costs. *

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11½ YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (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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