Chicken Shop with adjoining Convenience Store in South London For Sale

Situated in a parade, excellent main road trading position, densely populated residential & commercial area SE LONDON

Turnover £ 3,750
Price £75,000

Features

Chicken Shop with Adjoining, Ready To Open, Off Licence


SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, CCTV 4 CAMERAS, Tiled flooring, suspended ceiling with LED panel lights.

Customer waiting area seating 8 people.

Sales counter, epos cash register soft drinks fridges.

OPEN PLAN KITCHEN - Stainless steel extractor, Henny Penny chicken cooker, double basket deep fat fryer, breading table, large freezer, large fridge, stainless steel prepartion tables, double sink and drainer, stc.

Staff cloakroom with toilet and wash hand basin.

Stairs to basement, used for storage.

Included in the sale AND READY TO OPEN IS AN ADJOINING OFF LICENCE / CONVENIENCE STORE.

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, CCTV (4 CAMERAS), Tiled flooring, suspended ceiling with LED panel lights.

Sales counter, epos cash register, open chiller, 2 double door fridges, modern adjustable shelving.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. - £4,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed. with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY & TUESDAY 12 noon - 10 p.m.
WEDNESDAY - SUNDAY 12 NOON - 1 a.m.

Outside

Garage. Potential to sub-let

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £36,000 p.a.

N.B. We are advised the lease allows for the units to be sub-let.

Business Rates from April 2025 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 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