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Reference R9014

Pizza Shop in Kingston Upon Thames For Sale

Pizza Shop in Kingston Upon Thames For Sale
Buy a Pizza Shop in Kingston Upon Thames For Sale Sell a Pizza Shop in Kingston Upon Thames For Sale Pizza Shop in Kingston Upon Thames For Sale for Sale Pizza Shop in Kingston Upon Thames For Sale for Sale

Register to see map and to make an appointment Situated end of parade, busy road, SURREY KINGSTON UPON THAMES

Turnover 6,000
Price 100,000 / 295,000

Features

Well Established Pizza Shop

ThePIZZA SHOP occupies a double fronted corner position with tiled floor. The equipment includes counter, computer system for deliveries, 2-deck Blodgett pizza oven with conveyor belts, 3-door stainless steel refrigerated making table with refrigerated topping section, upright glass fronted ice cream display deep freezer, uprighg glass fronted fridge, walk-in coldroom etc.

Stairs to basement with 1 chest deep freezer plus 2 upright deep freezers

Staff toilet

Turnover

WE ARE INFORMED the turnover currently averages 6,000 p.w. in our opinion offering further potential to increase in the right hands. We understand the split of turnover is approximately 2,000 p.w. in respect of takeaway with the balance of 4,000 p.w. in respect of deliveries. Some of the deliveries come from Deliveroo & Just Eat.

Staff

At present operated by the vendor with the assistance of 1 full time & 2 part time staff.

Trading Hours

11.30 a.m. - 12 midnight seven days per week

Tenure

The vendor owns the long leasehold property and subject to satisfactory references is prepared to grant a new 15/20 years full repairing and insuring lease at a rental of 22,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafer every 4 years.

Uniform Business Rates: Nil payable after present after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW UNDER-LEASE, GOODWILL, FIXTURES & FITTINGS 100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Alternatively the vendor is prepared to sell the long leasehold property which we understand has approximately 83 years unexpired at nil ground rent.

PRICE TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 295,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTE

Finance

Subject to status, you maybe able to borrow up to 50,000 (lease) 206,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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