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Reference R9652
Situated in a parade, excellent main road trading position, residential, office and commercial area, NORTH LONDON STOKE NEWINGTON
Turnover £ 6,000
Price
£69,950
Features
Turkish Restaurant & Takeaway
DOUBLE FRONTED PREMISES 635ft² with canopy. Tiled floor. Tables and chairs providing seating for 40 persons . Illuminated menu display sign, cash register, cool display counter with refrigerated storage section, kebab machine, double deep fryer, fridge, 2 freezers, glass fronted drinks fridge (owned), Meza fridge, double door vegetable fridge, stainless steel extractor unit, 1 charcoal grill, oven, etc.
Toilet with w.c. 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 1 full time and 3 part time staff.
Trading Hours
7 Day week
MONDAY - THURSDAY 12pm - 11pm
FRIDAY - SATURDAY 12pm - 12am
SUNDAY 12pm - 11pm
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2019 with reviews every 4 years (next review 2023) at a current rent of £18,000 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 34,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Turkish Restaurants for sale in Stoke Newington
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