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Reference R2998
Situated in a Parade, prominent trading position, residential, office and commercial area, Cambridgeshire.
Turnover £ 8,000
Price
£160,000
Features
Fast Food Restaurant (specialising In Chicken)
5 STAR HYGIENE RATING
DOUBLE FRONTED CORNER PREMISES in the region of 650 ft² with vinyl floor, suspended ceiling with spot and hanging lighting, sales counter, EPOS till, 3 LED Menu Boards, Tables and chairs providing seating for 11 People, CCTV system (8 cameras, 1 monitor).
Open plan kitchen area, stainless steel extractor unit, Henny Penny chicken cooker, deep fryer (4 pan), warmer, pizza oven with conveyor belt (single deck), refrigerated making table, 3 fridge, 2 deep freeze.
Stock room.
Staff Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 65% approx. (50% DELIVERIES)
Staff
The business is at present operated by 2 full time and 1 part time staff plus 1 full time driver.
Trading Hours
7 Day week
MONDAY - SUNDAY 12 noon - 11 p.m.
Accommodation
THE SELF CONTAINED ACCOMMODATION with Electric Heaters, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,280 per month . The accommodation comprises:
3 Bedrooms (2 double, 1 single).
Lounge.
Kitchen.
Showroom, w.c. and wash hand basin.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £17,500 p.a. including the accommodation.
Business Rates from April 2026/2027 NIL (100% small business relief) (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 80,000 (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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