Wood Fired Pizza Restaurant and Takeaway in South London For Sale

Situated in a parade, excellent cross-road trading position, residential and commercial area, SE LONDON

Turnover £ 5,000
Price £100,000

Features

Woodfire Pizza Restaurant & Takeaway

4am LATE LICENCE

SINGLE FRONTED PREMISES in the region of 1,135 ft² WITH DOUBLE DOORS & ELECTRIC SHUTTERS, wood strip floor, spot lights, sales counter, EPOS till. Open plan kitchen area, stainless steel extractor unit, wood fired pizza oven, 2 refrigerated making tables, drinks display fridge (glass fronted upright). Tables and chairs providing seating for 8 People

Preparation Kitchen, stainless steel extractor unit, Cooker (Gas 6-burner), 2 x fridge, 3 x freezer, ice cream freezer, 2 x deep fryer (2 pan).

Basement in the region of 375 ft², used for storage purposes with;

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (50% via portals)

Staff

The business is at present operated by 2 full time staff & 2 part time staff.

Trading Hours

7 Day week
MONDAY - THURSDAY 4.30pm - 1am
FRIDAY - SATURDAY 4.30pm - 4am
SUNDAY 12 noon - 1am

Outside

Rear yard with walkin Cold room

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 2025 with reviews every 5 years (next review 2030) at a current rent of £21,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote