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Reference R8884

Fish, Chip, Kebab & Pizza Shop in Cambridgeshire For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, close to University, CAMBRIDGESHIRE

Turnover 6,000
Price 170,000

Features

Well Established Takeaway Fish & Chips, Kebabs, Burgers, Italian Pizzas

SPACIOUS DOUBLE FRONTED PREMISES with tiled floor, counter, electronic cash register.

LEVEL KITCHEN with stainless steel extractor system, cladding to walls, 3 electric double deep fryers, 3 pizza ovens, 1 microwave oven, 2 chest deep freezers, 1 walk-in deep freezer, double sink & drainer etc.

Turnover

WE ARE INFORMED the turnover averages 6,000/6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand that the turnover is mainly takeaway with a small amount of deliveries undertaken). Gross profit 60% approx.

Staff

The business is at present operated by the owner with the assistance of 3 full time & 1 part time staff.

Trading Hours

Monday - Saturday inclusive - 11.45 a.m. - 2 p.m. & 5 p.m. - 12 midnight
Sunday opening - 5 p.m. - 12 midnight

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of 900 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of 20,000 p.a. exclusive of rates up to September, 2023 with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 170,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 85,000 (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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