Fast Food Restaurant and Takeaway in Nottinghamshire For Sale

Adjoining office block and close to main centre, NOTTINGHAMSHIRE.

Turnover £ 9,500
Price £94,500

Features

Café Restaurant with Fast Food Takeaway Spcialising In Smash Burgers, Pizzas and Kebabs

5 STAR HYGIENE RATING

Parking at side of restaurant for 5 cars

DOUBLE FRONTED PREMISES, in the region of 500 ft² WITH ELECTRIC SHUTTERS AND CCTV ( 9 cameras )

Ground floor entrance to SPACIOUS RESTAURANT AREA with attractive oak wood floor. Tables & chairs providing seating for 26 persons.

Sales counter - EPOS cash register, soft drinks fridge slush machine, wash hand basin.

Customer cloakroom with toilet and wash hand basin.

KITCHEN - Stainless steel extractor, double basket deep fat fryer, double deck pizza oven (electric), grill, chicken grill, 2 doner machines, microwave, bun cooker, hotplate, heated serve over, display fridge, large sngle door fridge, 2 milk sake machines, 4 under counter fridges, under counter freezers, double sink and drainer, 2 stainless steel preparation tables, dumb waiter, etc

Stairs to the first floor, in the region of 667 ft², comprising;

Ladies' cloakroom with w.c. wash hand basin

Gentlemen's cloakroom with w.c. and wash hand basin

FOOD PREPARATION AREA - Stainless steel extractor, Rational oven, double basket deep fat fryer, 6 ring hob, 5 chest freezers, display chiller, heated display, dough mixer, etc,

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,500 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with the assistance of 2 full time and 2 part time staff employed.

We are informed the wage bill averages £1,750p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 4 p.m. - 3 a.m.

Outside

Parking to the front.

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 2023 with reviews every 3 years (next review 2026) at a current rent of £12,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £94,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote