Pizza and Mexican Takeaway with Late Licence in South London For Sale

Situated in a small parade, excellent trading position, residential area, S.E. LONDON

Turnover £ 1,500
Price £70,000

Features

Fast Food Takeaway (pizza, Mexican and Burgers) with Late Night Licence (3 Am)

4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 375 ft², WITH ELECTRIC SHUTTERS, CCTV (7 cameras), Tiled flooring, suspended ceiling LED lighting.

Customer waiting area.

Sales counter, cash box and computer based ordering point, soft drinks fridge, etc

KITCHEN - Stainless steel extractor, Grill, double basket deep fat fryer, pizza oven (18 inch double deck, 6 burner hob, 2 microwaves, ice cream freezer, undercounter fridge, pizza making station with topping bins, dough mixer, dough roller, 3 freezers, chest freezer, double sink and drainer, stainless steel preparation table, etc.

Storage area.

Staff cloakroom with toilet and wash hand basin.

Fire exit to rear.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor with 1 full time and 1 part time staff employed.

Trading Hours

7 Day week
SUNDAY - FRIDAY 5 p.m. - 11 p.m.
FRIDAY & SATURDAY 5 p.m. - Midnight

Outside

Bin store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £10,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote