Flawless Chicken Shop in Surrey For Sale

Situated in a parade, excellent main road trading position, close to University SURREY

Turnover £ 6,000
Price £250,000

Features

Flawless Fast Food Chicken Shop (eat In & Takeaway) with Net Rental Income

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 875 ft², WITH ELECTRIC SHUTTERS, Alarm, CCTV (4 cameras), Suspended ceiling with LED lighting, Tiled floor.

Tables and chairs seating 24 people.

Sales counter, with television screen screen menu. EPOS till. Soft drinks fridge.

Open plan kitchen - Stainless steel extractor, double basket deep fat fryer, grill, 2 Henny Penny chicken cookers, chicken steamer, hot cabinet, griddle, microwave, bun warmer, breading station, chest freezers, double sink and drainer, stainless steel preparation table, etc,

Walkin coldroom.

Staff cloakroom with toilet and wash hand basin.

Store cupboard.

Self contained dark kitchen to rear.

Stainless steel extractor, 6 burner cooker, fridges, freezers, sink with basin, stainless steel preparation tables.

The dark kitchen is let on a 12 month sub lease@ £1,000 pcm, vacant possession is available if required.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time and 3 full time staff.
We are informed the wage bill averages £950p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 10 am - 11 pm
SUNDAY 10 am - 10 pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to Flat above;

3 bedrooms (2 doubles and 1 single)
Bathroom with Bath, sink and toilet.
Fitted Kitchen / Diner.

The acoomodation is at present let on a 12 month shorthold tenancy providing a rental income of £22,800 per month, vacant possession available if required

Outside

Bin store to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2023 with reviews every 5 years (next review 2029) at a current rent of £22,000 p.a.

Presently with the income from the accommodation and the dark kitchen THE VENDOR RECEIVES A RENTAL SURPLUS OF £12,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 & OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £250,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote