Immaculate Kebab Shop in Mitcham For Sale

Situated in a parade, main road trading position, residential area, SURREY MITCHAM

Turnover £ 4,000
Price £87,500

Features

Immaculate Kebab Shop

6 DAYS OPENING

Outside seating to the front

DOUBLE FRONTED PREMISES in the region of 615 ft² with AWNING & ELECTRIC SHUTTERS. CCTV (3 camers). Tiled floor, suspended ceiling with spot and panel lights. Tables and chairs seating 15 persons. Sales counter, EPOS till, 4 screen menu board, display chiller, soft drinks fridge.

OPEN PLAN KITCHEN. Stainless steel extractor, 2 doner machines, grill, double basket deep fat fryer, chip skuttle, microwave, 2 pot bain marie, refrigerated pizza topping station, 2 full height fridges, 2 full height freezers, wash hand basin.

Office

Rear preparation kitchen. Double sink and drainer, 2 frdiges, 1 freezer

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 2 full time staff employed. We are informed the wage bill averages £1,000 p.w. approx.

Trading Hours

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

Outside

Parking at the rear for 3 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 21 years in 2010 with reviews every 5 years (next review 2025) at a current rent of £12,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 43,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote