Pizza Takeaway in Barnet For Sale

Situated in a parade, main road trading position, BARNET, HERTFORDSHIRE

Turnover £ 5,500
Price £75,000

Features

Pizza Takeaway & Delivery

SINGLE FRONTED MEDIUM SIZED PREMISES with tiled floor. Counter. 32" single deck pizza oven with conveyor belt, 3-door refrigerated making table, walk-in coldroom, chest deep freezer.

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £5,500 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by the vendor with the assistance of 5 part time staff including delivery persons.

Trading Hours

Monday - Saturday inclusive - 12 noon - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a current rental of £15,000 p.a. exclusive of rates, which the vendor is negotiating downwards, rent reviews are every 4 years. We understand from the vendor that no increase was requested at the last rent revision.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote