Pizza Restaurant and Dessert Parlour in West London For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, WEST LONDON

Turnover £ 7,000
Price £150,000

Features

Well Fitted Pizza Restaurant & Dessert Parlour

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 2,260 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with spot and hanging lighting. Air conditioning with hot air. Tables and chairs providing seating for 40 persons. Cool display counter with refrigerated storage section, EPOS till, 2 ice cream machines, waffle maker, 3 fridges, milkshake machine. CCTV system (15 cameras, 2 monitor).

SEPARATE KITCHEN - Stainless steel extractor, single deck 24" pizza oven (gas), deep fat fryer, grill, pizza topping table, 65 ltr dough mixer, double sink and drainer, 2 freezers, etc

Walkin cold room.

Basement in the region of 725 ft², used for storage purposes

Walk-in coldroom

Office

Staff toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. (50% DELIVERIES)

Staff

The business is at present operated by the vendor with 3 full time & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - Midnight

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £48,000 p.a. + VAT

Business Rates from April 2022 £5,000 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 PERSONAL REASONS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote