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Reference R9800

Well Fitted Fried Chicken Shop in South London For Sale

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

Turnover £ 4,500
Price £90,000

Features

Unopposed well Fitted Fried Chicken Shop

We are advised there are no other fish & chip shops or kebabs in the area, in our opinion offering terrific potential

6 DAYS OPENING


DOUBLE FRONTED PREMISES in the region of 500 ft² WITH SHUTTERS. Tiled floor, suspended ceiling with LED lighting. Sales counter, EPOS till, 6 x 32" LED Menu displays TV's,

OPEN PLAN KITCHEN AREA. Stainless steel extractor unit, Peri Peri chicken oven, 2-pan deep fryer, chip dump, 2 Henny Penny chicken fryers, hot display cabinet, Coca Cola fridge, 3 freezers, Walk-in coldroom.

Toilet with w.c. and wash hand basin.

Basement in the region of 300 ft² (approx) used for storage purposes

Toilet with w.c. wash hand basin and shower.

Small Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 60% approx. (25% Deliveries via UberEats)

Staff

The business is at present staff operated. 3 full time & 3 part time staff employed.

Trading Hours

MONDAY - SUNDAY 11.30am - 10pm

Outside

Rear garden with access to the basement.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2009 with reviews every 4 years (next review 2025) at a current rent of £17,750 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (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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