Fast Food Takeaway in Stevenage For Sale

Situated in a parade, excellent trading position, residential area, HERTFORDSHIRE STEVENAGE

Turnover £ 2,500
Price £75,000

Features

Fast Food Takeaway (fried Chicken and Burgers)

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS in the region of 540 ft². Laminate wooden floor, suspended ceiling with light panels. Customer waiting area. Sales counter, electronic cash register, menu boards.

KITCHEN. Laminate wooden floor, light panels. Stainless steel extractor, chicken fryer, double basket fryer, electric grill, fridge freezer, fridge, electric breading table, stainless steel preparation table, double sink and drainer, 2 further tables for preparation.

Storeroom - shelved, freezer, commercial microwave

Dry store

Staff Cloakroom with toilet and sink

Storage cupboard

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a gross profit of 65% approx. Not on Uber or Just eat.

Staff

The business is at present operated by a husband & wife team plus son and daughter as required.

Trading Hours

7 Day week
MONDAY - SUNDAY 3 p.m. - 11 p.m
In our opinion there is potental for luch time opening, if desired.

Outside

Secure yard.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE Council lease granted for 7 years in 2021 with reviews every 4 years (next review 2025) at a current rent of £7,000 p.a. plus VAT

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

SOLELY OFFERED FOR SALE DUE TO ILL HEALTH

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,500 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