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Reference R9801

Well Equipped Chicken Shop in North London For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, residential, office and commercial area, NW LONDON

Turnover 7,500
Price 160,000

Features

Fully Equipped Chicken Shop

DOUBLE FRONTED PREMISES. Ceramic tiled floor, suspended ceiling with LED lights. Tables and chairs providing seating for 10 persons. Counter, touch screen cash register, upright drinks fridge, 4 menu LED screens. CCTV 5 cameras.

OPEN PLAN KITCHEN. Stainless steel extractor unit, 2 Henny Penny chicken pressure cookers, chicken steamer, chicken rotisserie, 3 tray hot display cabinet, deep fat fryer, chest freezer, single door freezer, upright single door fridge, stainless steel preparation surfaces, double sink and drainer, wash hand basin,

Cloakroom with toilet and wash hand basin

BASEMENT:

Store room with 3 freezers

Turnover

WE ARE INFORMED by the owner the turnover currently averages 7,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated under management with 3 full time staff employed. We are informed the wage bill averages 1,500 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 10am - 2am

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 2018 with reviews every 5 years (next review 2023) at a current rent of 19,500 p.a.

Business Rates from April 2021 3,000 approx. payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 80,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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