Fast Food Takeaway and Restaurant in West London For Sale

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

Turnover £ 2,000
Price £75,000

Features

Fast Food Take Away & Restaurant

FORECOURT WITH SEATING FOR 4 PEOPLE

Ample customer's car parking in front of shop.

SINGLE FRONTED PREMISES in the region of 485 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with LED & spot lights, sales counter, EPOS till, LED Menu Boards, Coca-Cola fridge, Tables and chairs providing seating for 12 People.

Open plan kitchen area, stainless steel extractor unit, griddle, Cooker (Gas 8-burner), Oven, deep fryer (2 pan), 5 fridges, 2 freezer, 4 preparation tables.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx. (NO ONLINE PLATFORMS)

Staff

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

Trading Hours

7 Day week
MONDAY - FRIDAY 12 noon - 10pm
SATURDAY & SUNDAY 1pm - 10pm

Outside

Rear garden

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2018 with reviews every 4 years (next review 2026) at a current rent of £12,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote