Kebab plus Fish & Chip Takeaway in East Ham For Sale

Situated in a parade, busy road, residential and commercial area, EAST LONDON EAST HAM

Turnover £ 4,500
Price £65,000

Features

Takeaway Kebabs, Fish & Chips, Chicken Shop (no Delivery Only Uber Eats)

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS. total area 500 sq. ft. Tiled floor, suspended ceiling with LED ligting. Customer waiting area. Counter, cash register, soft drinks fridge, menu screens.

Stainless steel extracter, electric grill, 2-burner gas grill, 2 doner kebab machines, microwave, Henny Penny chicken cooker, 2-pan range, chip warmer and chip fryer, potato peeler and cutter, display fridge, 4 deep freezers, large Polar fridge, salad fridge, stainless steel preparation table, single sink with drainer, wash hand basin.

Store room

Toilet with sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 2 full time staff plus the assistance of 2 part time staff employed. We are informed the wage bill averages £1,300 p.w. approx.

Trading Hours

7 Day week
SUNDAY - THURSDAY 12 noon - 10.30 pm.
FRIDAY AND SATURDAY 12 noon - 11 pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the left of the shop to FLAT with Electric Heaters, currently let on a shorthold tenancy providing a rental income of £1,600 per month, vacant possession can be given if required for personal use. The accommodation comprises:

2 Double Bedrooms
Fitted Kitchen/diner
Shower room with shower, sink and toilet

Outside

Rear yard

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 2014 with reviews every 4 years (next review 2026) at a current rent of £22,000 p.a. (As will be appreciated with the current rent of £19,200 from the accommodation, the net rental payable at the present time is only £3,800 p.a).

Please be advised the Landlord requires a 6 months rent deposit.

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 £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote