Immaculate Kebab Shop in East London For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, EAST LONDON

Turnover £ 3,000
Price £80,000

Features

Well Fitted Kebab Shop

6 DAYS OPENING

5 STAR HYGIENE RATING

DOUBLE FRONTED CORNER PREMISES in the region of 660 ft² with industrial non-slip floor, suspended ceiling with LED panel lights. 4 chairs for customers waiting, Cool display counter with refrigerated storage section, cash register, menu board, charcoal grill, 2 kebab machines, grill, fridge, freezer, 2 freezers. CCTV system (4 cameras, 1 monitor)

Walk-in coldroom

Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 12 noon - 11 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2022 with reviews every 4 years (next review 2026) at a current rent of £11,666 p.a. plus VAT

Business Rates from April 2023 £600 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote