Chicken Shop in Nottinghamshire For Sale

Shopping centre locality, excellent trading position, office and commercial area, NOTTINGHAMSHIRE.

Turnover £ 4,000
Price £115,000

Features

Immaculate Modern Franchise Chicken Take Away


5 STAR HYGIENE RATING

CONTEMPORY DOUBLE FRONTED PREMISES (total area in the region of 2,100 ft²) ,WITH ELECTRIC SHUTTERS.

GROUND FLOOR PREMISES, in the region of 800 ft² CCTV (8 cameras), 4 large menu screens, industrial non slip floor, suspended ceiling with led lighting.

Tables and chairs seating 12 customer (could be increased).

Sales counter - EPOS cash register. Soft drinks fridge. Heated cabinet, conter mounted condiments fridge.

OPEN PLAN KITCHEN - Stainless steel extractor, 2 triple basket deep fat fryers, combi grill /oven, microwave, double hob, bain marie (3 pot), milk shake machine, fridge, , double sink and drainer, wash hand basin, stainless steel preparation tables, chicken marination fridge, potato peeler and washer, potato chipper, etc.

Stock room with fridges and freezer.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx.

Please note the business is currently operated under a Franchise Agreement to be taken over, full details upon request.

Staff

The business is at present operated by the staff (2 full time and 5 part time staff employed on zero hours contracts)

We are informed the wage bill averages £1,800 p.w. approx.

Trading Hours

7 Day week
MONDAY - THURSDAY 12 noon - 9 p.m.
FRIDAY & SATURDAY 12 noon - 10 p.m.
SUNDAY 12noon - 8 p.m.

Accommodation

Stairs to FIRST FLOOR, in the region of 725 ft², comprising:

Staff cloak rooms, 2 toilets with wash hand basin.

4 rooms used for storage, potential for additional seating


SECOND FLOOR, in the region of 225 ft², comprising;

2 rooms not used, with plumbing for toilet.

Roof terrace.


THIRD FLOOR, in the region of 300 ft², comprising;

Large room. With plumbing for toilet

We are advised as well as via the business there is SEPARATE REAR ACCESS to the upper floors. The lease allows the premises to be sublet. Subject to landlord and local authority consent the upper floors could be developed into accommodation, which, given the location and the proximity of the University, there is strong local demand.

Outside

Bin Store.

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 2024 with reviews every 5 years (next review 2029) at a current rent of £33,500 p.a. plus vat

Business Rates from April 2025 £12,000 approx. Vendor applying for small business relief. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE JULY 2024 AND OFFERED FOR SALE SOLELY DUE TO THE VENDORS' OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote