Fast Food Takeaway in Brixton For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, Night Club opposite, SW LONDON BRIXTON

Turnover £ 5,000
Price £60,000

Features

Fast Food Takeaway (specialising In Chicken & Kebabs)

SINGLE FRONTED GROUND FLOOR PREMISES in the region of 500 ft² with ELECTRIC SHUTTERS Tiled floor, LED lighting, menu boards. Customer waiting area. Sales counter, electric cash register, soft drinks fridge. CCTV system (8 cameras). Alarm.

OPEN PLAN KITCHEN. Stainless steel extractor, 1 Henny Penny chicken pressure cooker, double basket deep fryer, 2 doner kebab machines, griddle, electric steamer, 6-burner cooker, oven, tandoori oven, 5 fridges, 5 freezers, double sink and drainer, stainless steel preparation table.

Basement in the region of 410 ft². Used for preparation, sink

Staff cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 3 full time staff employed.
We are informed the wage bill averages £1,750 p.w. approx.

Trading Hours

7 Day week
Sunday - Thursday - 3 p.m - 12 midnight
Friday & Saturday - 3 p.m - 5 a.m

Outside

Yard to rear with parking for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2017 with reviews every 4 years (next review 2025) at a current rent of £16,100 p.a.

The Purchaser is to be responsible for the Landlord's costs.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote