Greek Restaurant and Takeaway in Hertfordshire For Sale

Situated in a parade, corner position, busy road, densely populated residential area, HERTFORDSHIRE

Turnover £ 3,000
Price £120,000

Features

Immaculate Fast Food Takeaway Specialising In Greek Cuisine


6 DAYS OPENING

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 500 ft² WITH ELECTRIC SHUTTERS, CCTV (8 cameras), Tiled flooring, suspended ceiling with spot lights.

Customer waiting area, seating for 4 people.

Sales counter, electric cash register, serve over chiller, soft drinks fridge, dessert chiller.

OPEN PLAN KITCHEN - Stainless steel extractor, 6 burner hob, oven, microwave, charcoal grill, 2 singlke basket deep fat fryers, griddle, 2 doner machines, heated cabinet, 2 chest freezers, large double door fridge, tripple door fridge, double sink and drainer, stainless steel prepartion tables, mincer, etc.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 1 part time staff.

Trading Hours

6 Day week

WEDNESDAY - MONDAY 11 am - 10 pm


CLOSED TUESDAYS

Outside

Secure store area to rear.

Yard and garage to rear (used for storage.)

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 2023 with reviews every 5 years (next review 2028) at a current rent of £17,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE JAN 2024

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote