Pizza & Kebab Shop in Watford For Sale

Excellent trading position, just off the main road, HERTFORDSHIRE WATFORD

Turnover £ 5,000
Price £125,000

Features

Lock-up Detached Pizzas & Kebab Shop (with The Advantage of An Additional Spacious Shop Adjoining with Electric Shutters, In Our Opinion offering Potential For A Further Catering Business, If Desired)

AMPLE PARKING IN FRONT OF SHOP

Forecourt to SPACIOUS SINGLE FRONTED PREMISES with electric shutters. Fluorescent lights plus spotlighting. Fully equipped including cool display serveover counter, stainless steel counter with stainless steel top, large stainless steel extractor system with stainless steel cladding to walls to cooking area, large charcoal grill, 4-pot bain marie, kebab machine, double deep fryer, 2-deck pizza oven, single deck pizza oven with conveyor belt, double door glass fronted fridge (for soft drinks), glass topped chest deep freezer, double door stainless steel fridge plus 1 single door stainless steel fridge, glass fronted fridge, walk-in coldroom, chest deep freezer, stainless steel tables, double sink & drainer etc.

Staff cloakroom
Shower room with shower, w.c. & wash hand basin

Included in the lease is the adjoining SPACIOUS SHOP with electric shutters. This area is currently used for storage purposes, however in our opinion has terrific potential to develop as a restaurant area, if desired.

Disabled cloakroom

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands.

Staff

At present operated by the vendor with 2 full time & 2 part time staff, 4 part time drivers for deliveries.

Trading Hours

12 noon - 11 p.m. seven days per week

Outside

Large yard with parking for approximately 6 cars

Tenure

We understand the entire premises are held on a new 20 years lease from November, 2017 at a rental of £20,400 p.a. exclusive of rates up to November, 2027 with rent review at that time and thereafter every 5 years.

EPC Rating D (88)

Uniform Business Rates: Nil payable after small business relief

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote