Smash Burgers and Chicken Shop in St Ives For Sale

Occupying a prominent corner position, closed to large supermarket, excellent trading position, residential area, ST IVES, Cambridgeshire .

Turnover £ 6,000
Price £125,000

Features

Smash Burgers Takeaway & Chicken Wing Business, with 2 Kitchens

6 DAYS OPENING

4 STAR HYGIENE RATING

Large customer car park to front.

SINGLE FRONTED PREMISES, in the region of 850 ft², cctv (2 CAMERAS), Tiled flooring, plasterboard ceining with LED spot lights.

Tables and chairs seating 12 people, could be increased.

Sales counter, EPOS cash register, soft drinks fridge.

OPEN KITCHEN - Stainless steel extractor, Large grill, bun toaster, double basket deep fat fryer, chip skuttle, 4 pot baine marie, plate warmer, large double door fridge, salad bar fridge, 3 chest freezers, single door freezer, stainless steel preparation tables, etc.

REAR KITCHEN - Stainless steel extractor, 2 byurner hob, double basket deep fat fryer, large hot plate, double door fridge, single door fridge, double sink and drainer, etc.

Unisex cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 4 full time and 6 part time staff.

Trading Hours

6 Day week
WEDNESDAY - MONDAY 4.30 pm - 10 pm
CLOSED TUESDAY

We are advised the is demand for increased opening hours.

Outside

Parking to rear with access.

Shed used for storage.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (blue chip landlord) granted for 15 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £15,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND OFFERED FOR SALE SOLELY DUE TO OWNERS FAMILY AND BUSINESS COMMITMENTS

Price

TO INCLUDE THE SECURE RENEWABLE 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