Fast Food Takeaway in Surrey For Sale

Situated in a parade, busy road, close to large university complex, SURREY

Turnover £ 7,000
Price £120,000

Features

Hot Food Takeaway Specialising In Burgers, Chicken, Pizza and Kebabs with Late Night Delivery Licence

Front area with space for 4 tables & 8 chairs

DOUBLE FRONTED PREMISES, in the region of 425 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, suspended ceiling with LED lighting.

Customer waiting and seating for 12 people.

Sales counter, electric cash register, soft drinks fridge.

OPEN KITCHEN - Stainless steel extractor, Henny penny chicken cooker, 2 double basket deep fat fryers, grill, 2 donner machines, hot pot, Henny Penny display, 2 microwaves, double door fridge, large under counter fridge, 2 freezers, stainless steel preparation table, etc

Rear Kitchen with pizza oven (gas), pizza topping table, dough mixer, double sink and drainer, etc

Staff cloakroom with toilet and wash hand basin.

Basement, used for storage

4 Chest freezers. Preparation table.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor with 3 full time and 4 part time staff employed.

Trading Hours

7 Day week
MONDAY - THURSDAY 11.30 a.m. - Midnight
FRIDAY & SATURDAY 11.30 a.m. - 2 a.m.
Delivery Licence until 3.30 am.

Outside

Car parking to rear (1 vehicle)

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 12 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £18,000 p.a.

NIL Business Rates after full 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 £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote