Search more Turkish Restaurants for sale in Maida Hill
Reference R8624

Pizza, Chicken & Kebab Shop in Maida Hill For Sale

Pizza, Chicken & Kebab Shop in Maida Hill For Sale
Buy a Pizza, Chicken & Kebab Shop in Maida Hill For Sale Sell a Pizza, Chicken & Kebab Shop in Maida Hill For Sale Pizza, Chicken & Kebab Shop in Maida Hill For Sale for Sale Pizza, Chicken & Kebab Shop in Maida Hill For Sale for Sale Pizza, Chicken & Kebab Shop in Maida Hill For Sale for Sale Pizza, Chicken & Kebab Shop in Maida Hill For Sale for Sale Pizza, Chicken & Kebab Shop in Maida Hill For Sale for Sale Pizza, Chicken & Kebab Shop in Maida Hill For Sale for Sale

Register to see map and to make an appointment Situated in a parade of shops, busy road, WEST LONDON MAIDA HILL

Turnover 3,000
Price 110,000

Features

Fully Equipped Turkish Pizzas, Chicken & Kebabs, Takeaway & Delivery

SINGLE FRONTED PREMISES, approx. 5m wide x 8m depth, with tiled floor, counter, 1 computer for ordering, upright single door drinks display fridge.

Open plan Kitchen with tiled floor, tiled walls. Stainless steel extractor. Gas charcoal grill, 2 kebab machines, single deep fryer, Henny Penny chicken pressure cooker, hot display cabinet for chicken, 32" single deck pizza oven with conveyor belt, 4 fridges, walk in deep freeze, etc.

Large basement ideal for storage purposes.

Turnover

WE ARE INFORMED the turnover averages 3,000 p.w., in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor, with the assistance of 1 full time.

Trading Hours

Monday/Saturday incl. 11 a.m. - 12 midnight.
CLOSED SUNDAY

Accommodation

THE ACCOMMODATION, in the form of a spacious MAISONETTE OVER, all refurbished and with full gas fired central heating, comprises:

5 double bedrooms.
2 shower rooms plus 2 separate w.c.'s

We understand that 4 of the rooms are currently let on short-hold tenancies and at present provide a total rental income of 37,000 p.a.

Tenure

WE UNDERSTAND the landlord, subject to satisfactory references, is prepared to grant a new 15 years' full repairing and insuring lease in respect of the ground floor and maisonette over, at a rental of 35,000 p.a. excl. of rates for the first 5 years with rent review at that time and thereafter every 5 years.

As will be appreciated, with the current rental income from the accommodation over of 37,000 p.a., the net rental payable at the present time would only be 2,000 p.a.

Uniform business rates: 10,000 p.a. approx.


RECOMMENDED FOR EARLY INSPECTION

Price

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, 110,000 plus stock at valuation.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Turkish Restaurants for sale in Maida Hill

Buy a Pizza, Chicken & Kebab Shop in Maida Hill For Sale on NationwideBusinesses.co.uk