Chicken Shop in East London For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, East London.

Turnover £ 7,000
Price £155,000

Features

Franchise Chcken Shop

BENEFITTING FROM A 2AM LICENCE
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights, sales counter, 5 LED Menu Boards, EPOS till. Tables and chairs providing seating for 8 People, CCTV system (6 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, Henny Penny, Deep fryer, grill, Oven, Cooker (Gas 4-burner), fridges, freezers, hot cupboard, refrigerated making table.

Staff Toilet with w.c. and wash hand basin.
Stock room
Additional storage area.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 65% approx. (£2,000 via Portals)

Staff

The business is at present operated by 3 full time & 1 part time staff.

Trading Hours

7 Day week
MONDAY - THURSDAY 11am - 10pm
FRIDAY & SATURDAY 11am - 11pm
SUNDAY 12 noon - 11pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £15,600 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT, FULL DETAILS AVAILABLE UPON REQUEST.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £155,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 77,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote