Well Fitted Gourmet Burger Restaurant in Hackney Central For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, HACKNEY, LONDON, E8

Turnover £ 6,300
Price £195,000

Features

Well Fitted Gourmet Burgers, Kebabs, Chicken & Chips A3 / A5 Permission

SINGLE FRONTED PREMISES in the region of 660 ft² with ELECTRIC SHUTTERS. Air conditioning. Laminate floor, suspended ceiling, spotlights, light box. Tables and chairs seating 16 persons. Menu TV screens. Counter EPOS till. Soft drinks fridge. CCtV (4 cameras).

KITCHEN. Tiled floor. Stainless steel extractor, custom American burger machine, 2 doner machines, double basket deep fryer, bun toaster, Henny Penny chicken fryer, salad fridge, chest freezers, double sink and drainer, stainless steel preparation table.

Customer cloakroom with toilet and sink

Staff toilet

Walkin cold room

Store room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,300 p.w.

Staff

The business is at present operated by 2 partners with 6 full time staff employed. We are informed the wage bill averages £2,500 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 11 a.m - 11 p.m

Outside

Yard with shed.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 30 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £26,500 p.a.

Business Rates from April 2022 £600 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO PERSONAL REASONS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 97,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote