Pizza and Kebab Shop in Vauxhall For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, OVAL, LONDON, SW8

Turnover £ 14,000
Price £200,000

Features

Pizza & Kebab Shop Plus Chinese Kitchen

DOUBLE FRONTED PREMISES in the region of 1,050 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED panel lighting, sales counter, EPOS till, stainless steel extractor unit, 2 kebab machines, charcoal grill, gas grill, deep fryer (2 pan), pizza oven (2-deck), 2 fridge, 5 freezer, CCTV system (9 cameras).

Walkin coldroom.

Toilet with w.c., shower and wash hand basin.

Basement, used for storage purposes, 2 freezers…

Turnover

WE ARE INFORMED by the owner the turnover currently averages £14,000 p.w. with a Gross profit of 65% approx. (50% DELIVERIES)

Staff

The business is at present operated by the Staff with 2 full time staff and 2 drivers

Trading Hours

7 Day week
MONDAY - SUNDAY 11am - midnight

Outside

Rear yard

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 2021 with reviews every 4 years (next review 2029) at a current rent of £26,000 p.a.

Business Rates from April 2025 £1,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 100,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote