Kebab Shop in Central London For Sale

Situated in a Parade, excellent trading position, residentialand commercial area, London.

Turnover £ 6,500
Price £130,000

Features

Established Hot Food Takeaway Sepcialising In Kebabs

4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 450 ft², Tiled flooring, plasterboard ceiling with spotlights, CCTV (5 cameras.)

Customer waiting area, seating for 10 people.

Sales counter, electric cash register, soft drinks fridge.

OPEN PLAN KITCHEN - Stainless steel extractor, double basket deep fat fryers, 2 doner machines, microwave, griill, salad display chiller, 4 fridges, 2 freezers, stainless steel preparation table, double sink and drainer, etc.

Store room.

Cloakroom with toilet and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. - £7,000 p.w. with a Gross profit of 65% approx. (15% delivery)

Staff

The business is at present operated by the vendor with 1 full time and 2 part time staff employed. With the assistance of 3 part time staff.

Trading Hours

7 Day week
SUNDAY TO THURSDAY 10 a.m. - Midnight
FRIDAY & SATURDAY 10 a.m. - 2 a.m.

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 2020 with reviews every 5 years (next review 2025) at a current rent of £35,000 p.a. (under review)

Business Rates from April 2025 £8,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote