Fast Food Takeaway in South London For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SE LONDON

Price £99,950

Features

Fish & Chip Plus Kebab Shop (no Deliveries)

6 DAYS OPENING

DOUBLE FRONTED PREMISES. 2-pan Preston & Thomas counter range, menu board, EPOS till, kebab machine, grill, stainless steel extractor unit, 4-pot bain marie, Bonet grill, Henny Penny chicken cooker, chicken keeper, stainless steel fish keeper, fridge, 2 deep freezers, glass fronted upright single door drinks display fridge, chipper, tumbler.

Staff toilet with w.c. and wash hand basin

External Stock room

Turnover

WE UNDERSTAND the business enjoys a good turnover, full details will be discussed upon inspection.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

6 Day week
MONDAY, TUESDAY, WEDNESDAY, THURSDAY & SATURDAY 12 noon - 9pm
FRIDAY 12 noon - 10 p.m.

Accommodation

THE SELF CONTAINED ACCOMMODATION Flat, Double-glazed windows with Gas Fired Central Heating at present let on a shorthold tenancy providing a rental income of £1,200 per month, comprises:

1 Large Bedroom
Kitchen
Lounge
Bathroom with bath, w.c. and wash hand basin

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2020 with reviews every 4 years (next review 2028) at a current rent of £25,500 p.a. (As will be appreciated with the current rental income of £14,400 p.a. for the accommodation, the net rental payable at the present time is only £11,100 p.a).

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2000 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote