Essex Licensed Cafe & Kebab House with Full On Licence, £4,500 Weekly Turnover, 65% GP, Includes HMO Licensed Flat
Undisclosed, Essex
- Status
FOR SALE
- Date Submitted:
17/11/21
- Advert ID
286208
- Reference
R9834 / Rightbiz
- Call Agent:
- Freehold: £1,000,000
- Leasehold: £66,000
- Turnover: £234,000 (£4,500 Per week)
- Net Profit: Not Applicable
Business Details
Licensed Cafe And Kebab House full On Licence for Sale
WE ARE INFORMED by the owner the turnover currently averages £4,500 per week with a Gross profit of 65% approx. FEATURES:6 DAYS OPENING
SINGLE FRONTED PREMISES in the region of 1,000 ft² WITH SHUTTERS & canopy. Tiled floor, sales counter, cash register. Tables and chairs providing seating for 70 persons.
OPEN PLAN KITCHEN. Stainless steel extractor unit, 7-burner gas cooker, fridge, 4 freezers, 2 microwaves, 2-deck pizza oven, 2 kebab machines, griddle.
Ladies' & Gentlemen's Toilet with w.c. and wash hand basin
Stock room ACCOMMODATION:
THE SELF CONTAINED Flat included in the FREEHOLD ONLY, with HMO LICENCE, Gas Fired Central Heating, Double-glazed windows, comprises:
Current rental received in respect of the first floor flat £54,000 per annum
5 Bedrooms (2 doubles, 3 singles)
Kitchen
Lounge
2 Bathrooms with bath, w.c. and wash hand basin
To the rear:
2 Rooms
Kitchen/diner
Bathroom with shower over, sink, w.c.
We are advised the vendor has planning permission to convert the ground floor area into 2 flats, reducing the shop by 50% PRICE:
TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS (excluding the accommodation) £66,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS including accommodation £1,000,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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Listing Statistics
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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