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Reference R1100

Chicken Shop plus 2 Catering Units in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main rad trading position, residential and commercial area, SE LONDON

Turnover £ 4,500
Price £100,000

Features

Well Fitted Chicken Shop Plus 2 Adjoining A3 Premises

SHOP1.
SINGLE FRONTED PREMISES in the region of 350 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with LED spotlights. Sales counter, EPOS till, illuminated menu board, etc.

OPEN PLAN KITCHEN AREA. Stainless steel extractor unit, Henny Penny chicken pressure cooker, Henny Penny fryer, 2 freezers, Piri Piri cooker, hot cupboard, stainless steel preparation table, double sink and drainer.

Staff toilet with w.c. and wash hand basin

Small stockroom

SHOP 2. A3 PREMISES in the region of 330 ft². Previously Milkshake Bar

SHOP 3. A3 PREMISES in the region of 335 ft². Previously Furniture Shop

Turnover

WE ARE INFORMED the turnover currently averages £4,500 p.w. with a gross profit of 65% approx. (35% deliveries).

Staff

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

Trading Hours

7 Day Week
SUNDAY - THURSDAY 1pm - 11pm
FRIDAY & SATURDAY 1pm - 12 midnight

Outside

Parking space for 1 car

Tenure

SHOP 1. WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE Council lease, granted for 12 years in 2021 with reviews every 3 years (next review 2024) at a current rent of £7,500 p.a.

SHOP 2. WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE Council lease, granted for 12 years in 2019 with reviews every 3 years (next review 2025) at a current rent of £7,440 p.a.

SHOP 3. WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE Council lease, granted for 12 years in 2019 with reviews every 3 years (next review 2025) at a current rent of £7,440 p.a.

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

THE BUSINESSES HAVE BEEN IN THE SAME HANDS SINCE 2021 AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

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

Price

TO INCLUDE THE SECURE LEASES, GOODWILL FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (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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