Well Established Caribbean Takeaway in Middlesex For Sale

Situated in a parade, excellent main road trading position, densely populated residential area, NORTH LONDON/MIDDLESEX BORDERS.

Turnover £ 1,800
Price £75,000

Features

Old Established Caribbean Takeaway Plus Chicken Shop

5 DAYS OPENING
4 STAR HYGIENE RATING.

DOUBLE FRONTED PREMISES in the region of 350 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights, sales counter, cash register, Illuminated menu board, drinks display fridge (glass fronted upright).

Open plan Kitchen, stainless steel extractor unit, charcoal grill, deep fryer (2 pan) with stand, chip dump, hot cupboard, stainless steel Large fridge, 2 stainless steel fridges, 2 freezer.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,800 p.w. with a Gross profit of 65% approx. (6% VIA PORTALS)

Staff

The business is at present operated by the 2 partners with the assistance of 2 part time staff.

Trading Hours

5 Day week
MONDAY,TUESDAY, THURSDAY & FRIDAY 12.30 pm - 6pm
SATURDAY 1pm - 6pm
CLOSED WEDNESDAY & SUNDAY

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Outside

Rear yard plus External storage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 18 years in 2017 with no rent reviews at a current rent of £13,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote