MODERN AFGHAN CUISINE RESTAURANT & PIZZA TAKE AWAY in Romford For Sale

Situated in a Parade, excellent trading position, residential area, ROMFORD, Essex .

Turnover £ 4,750
Price £140,000

Features

Modern Afghan Cuisine Restaurant & Pizza Take Away (not Licenced) * * Price Reduced For Quick Sale * *

4 STAR HYGIENE RATING.

DOUBLE FRONTED PREMISES, AIR CONDITIONED, PREMISES in the region of 575 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, suspended ceiling with spot lights.

Tables and chairs providing seating for 27 People

Counter, electronic cash register, under counter fridges.

KITCHEN - Stainless steel extractor, Pizza oven, Grill, 4 burner hob, chinese cooker, single basket deep fat fryer, microwave, plate warmer, pizzamaking station, 2 freezers, drinks fridge, double sink and drainer, stainless steel prepparation table, dough mixer, dough roller, etc.

Walkin cold room.

Customer cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 - £5,000 p.w. with a Gross profit of 65% approx. (NO PORTALS)

Staff

The business is at present operated by the 3 partners with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 11 a.m. - Midnight

Outside

Yard to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (Council) granted for 20 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £17,400 p.a.

Business Rates from April 2025 £4,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 70,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote