Well Fitted Chicken Shop in North London For Sale

Situated in a Parade, excellent main road trading position, 2 Schools plus Bus Stop, residential, office and commercial area, NORTH LONDON

Turnover £ 4,250
Price £89,950

Features

Well Fitted Chicken Shop

Tables and chairs providing seating for 4 People

DOUBLE FRONTED PREMISES in the region of 650 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, Illuminated menu board, Ben & Jerry's Ice Cream display freezer, CCTV system (7 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, 2 Henny Penny cookers, deep fryer (2 pan), chip dump, gas grill, Oven, freezer, fridge.

Walkin coldroom.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 - £4,500 p.w. with a Gross profit of 65% approx. (50% ONLINE SALES)

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 11.30am - 11pm
SUNDAY 12 noon - 10pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £21,000 p.a.

Business Rates from April 2025 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 44,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote