Newley Fitted Kebab Shop in South London For Sale

Situated in a parade, excellent main road trading position, residential and commercial area, SE LONDON

Turnover £ 3,000
Price £130,000

Features

Newly Fitted Kebab Shop

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 435 ft² WITH ELECTRIC SHUTTERS and serving hatch, tiled floor, LRD panel lights, cool display counter with refrigerated storage section, cash register, Illuminated menu board, stainless steel extractor unit, 2 kebab machines, grill, bain marie (4-pot), Deep fryer, CCTV system (7 cameras, 1 monitor & harddisk recorder).

Kitchen with fridges, freezers, stainless steel preparation table.

2 Staff Toilet with w.c. and wash hand basin.

Basement, used by staff for rest area.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (£50 p.w. on JUST EAT)

Staff

The business is at present operated by 2 full time staff employed with the assistance of 1 part time staff as required.

Trading Hours

7 Day week
MONDAY - SATURDAY 1pm - 11pm
SUNDAY 5pm - 11pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2023 with reviews every 4 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 VENDORS OTHER BUSINESS INTERESTS.

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