Fast Food Takeaway in Bristol in Somerset For Sale

End of terrace property, excellent main road trading position, residential area, Bristol, NORTH EAST SOMERSET

Turnover £ 5,000
Price £95,000 / £185,000

Features

Fried Chicken Takeaway

4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 470 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with panel lights. Gas Fired Central Heating. Illuminated menu board. Sales counter, EPOS till. CCTV system (4 cameras, 1 monitor).

OPEN PLAN KITCHEN AREA. Stainless steel extractor unit, 2 Henny Penny chicken cookers, Henny Penny hot cupboard, 2-pan deep fryer, gas griddle, fridge, freezer, stainless steel preparation table, double sink and drainer.

Staff toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by a husband & wife team

Trading Hours

7 Day week
MONDAY - SUNDAY 3 p.m - 11 p.m

Outside

Driveway with parking space for 1 car

Tenure

The vendor subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £9,600 p.a. for the first 4 years.

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

EPC LEVEL C

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) £ 129,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote