Gourmet Burger Restaurant in Newport Pagnell For Sale

Occupying a corner position, excellent trading position, residential and commercial area, NEWPORT PAGNELL, Buckinghamshire.

Large FREE car park to rear.

Price £30,000

Features

Fast Food Takeaway Specialising In Gourmet Burgers - Recently Closed

SINGLE FRONTED AIR CONDITIONED PREMISES, in the region of 250 ft², CCTV (3 cameras), Laminate flooring, suspended ceiling with pendant and feature lighting.

Tables and chairs seating 10 people.

Sales counter - Electric cash register, touch screen, soft drinks fridge, etc,

Open plan Kitchen - Satainless steel extractor, 2 griddles, double basket deep fat fryers, microwave, plate warmer, 3 under counter fridges, single sink, etc

Stairs to First Floor

Large room with 3 fridges,


Stairs to the basment, in the region of 350 ft², used for storage.

Staff cloakroom with toilet and wash hand basin.

3 Chest freezers, Large fridge, 2 double sinks with drainer, stainless steel preparation table, etc.

Turnover

WE ARE INFORMED by the owner the turnover , when trading averaged £4,250 p.w. with a Gross profit of 65% approx.

Trading Hours

were - 7 Day week
MONDAY - SATURDAY 11 a.m. - 11 p.m.
SUNDAY 7 a.m. - 1 p.m.

Late licence to 1 am

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £16,800 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 VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 15,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote