Turnkey Chicken Shop in High-Traffic Camden Town, London for Sale
Camden Town, London
- Status
FOR SALE
- Advert ID
611174
- Leasehold: Price on Application
- Rent: £50,000
- Turnover: £572,000 (£11,000 Per week)
- Net Profit: £68,640 (12% Profit margin)
Key Features
- Fully Fitted
- Small Business
- Prime Location
- Currently Closed
- Close to Local Amenities
- Town Centre location
- Potential for Alternative Use
- Established Business
- Attractive Business
- Adjacent to Multiple Retailers
Business Details
Chicken Shop For Sale In Camden
Located in a high-traffic area right by one of London's busiest tourist stations, the property boasts a fully furnished kitchen, complete with two canopies and extraction in place. The high-quality setup is ideal for any business ready to start operations immediately.
The property is secured on a long-term lease, with 23 years remaining. The rent is set at £50,000 annually, with rates at 3.5k for small businesses.
The property is well-maintained and sports a professional-quality fit-out, including kitchen equipment which would be included in the sale. It is noteworthy that current profits in the area are around £11,000 per week, thanks, in part, to significant weekend trade and delivery order demand from Camden and North London. The business is being sold due to the owner's ill health and family care circumstances.
The highly valuable equipment that is included with the property consists of two canopies, a UNOX multi cook pro Russian oven, a blue seal grill with a custom grill stand, dual-basket fryers, a blue seal chip scuttle, and more. There are high-capacity cabinet and under-counter freezers, a FILTA commercial sink grease trap system, and a walk-in cold room. Other amenities include commercial menu screens with link.
Please note that upon sale, all branded signage and frontage would be removed from the property.
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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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