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Prominent Takeaway Business with Accommodation in East London for Sale

City of London, London

CONFIDENTIAL SALE

  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    17/01/24

  • Advert ID

    605188

  • Reference

    C33290LN / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £29,950
  • Turnover: £62,400 (£1,200 Per week)
  • Net Profit: Not Applicable

Business Details

Very Well Located Takeaway with Accomodation: East London

Excellent location for takeaway
Stratford International Station and Cross rail close by
Also close to Westfield Park Shopping Centre
Two bed flat on first floor
Rent only £17,900 for shop and flat
Business Rates nil payable

Everett Masson and Furby are pleased to offer for sale an African cafe and takeaway situated on a busy main road in the east end of London.

Established by the present owners in 2009 and run since then the business has over the years built up a loyal customer base and is being reluctantly sold because of the ill health of the present owner. The owner's health issues have meant that in recent years the business has been run to suit her lifestyle and thus there is considerable scope to increase the business under a new owner.

The business comes with the considerable benefit of two bedroom accommodation. This is presently let for £1,000 a month with potential to increase to £1,300 pm in line with market and on this basis the net rental for the business premises is less than £2,400 and with no business rates.

Early viewing is highly recommended to appreciate the considerable potential for this business in the right hands.

Viewings may only be considered through sole agents Everett Masson and Furby.

PRICE: £29,950 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.


VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 020 398 27200.
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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.

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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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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

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.

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The data showed regarding this advert 'Very Well Located Takeaway with Accomodation: East London - C33290LN / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.