Pizza and Chinese Takeaway in West Kensington For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, WEST KENSINGTON, London, W14.

Turnover £ 15,000
Price £200,000

Features

Pizza Takeaway and Delivery Plus Chinese Takeaway

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 450 ft², WITH ELECTRIC SHUTTERS, CCTV (9 cameras), Tiled flooring, suspended ceiling with LED lighting.

Customer waiting area with 4 chairs.

Sales counter, EPOS cash register, soft drinks fridge, ice cream freezer.

OPEN PLAN KITCHEN - Stainless steel extractor, Double deck Marshall pizza oven, deep fat fryer, microwave, fridge, pizza preparation station with topping bins, dough mixer, 2 freezers, double sink and drainer, stainless steel preparation table, racking system.

Staff cloak room with toilet and wash hand basin.


BASEMENT, in the region of 400 ft², USED FOR STORAGE, stainless steel fridge, sink,

Walkin cold room

Walkin chiller.

Staff cloak room with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £15,000 p.w. with a Gross profit of 65% approx. (Approximately 70% delivery.)

Staff

The business is at present operated by the vendor with 2 full time staff employed. with the assistance of 4 part time staff.
We are informed the wage bill averages £3,000p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 9 am - 11 pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) at a current rent of £27,000 p.a. granted for 12 years in 2025 with reviews every 4 years (next review 2029)

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 100,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote