Restaurant and Takeaway plus Dessert Parlour in Hertfordshire For Sale

Situated in a parade with service road to front, excellent trading position, residential and commercial area, HERTFORDSHIRE

Turnover £ 2,000
Price £40,000

Features

Burger Restaurant & Takeaway Plus Dessert and Bubble Tea Shop

6 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 750 ft² with wood strip floor, ceiling with hanging lights, Air conditioning with hot air, cool display counter with refrigerated storage section, EPOS till. Tables and chairs providing seating for 20 People, CCTV system (4 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, 2 x grill, deep fryer (2 pan), waffle machine, bubble tea machine, ice cream machine, Gelato freezer, Large fridge, double sink and drainer.

Outside Walkin coldroom.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx. (50% Online Sales)

Staff

The business is at present operated by the vendor on part-time basis with 2 full time staff employed.

Trading Hours

6 Day week
TUESDAY - SUNDAY 2pm - 10pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £21,000 p.a.

Business Rates from April 2024 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote