Chicken Cottage lease for sale in a high footfall area with growth potential
Undisclosed
- Status
FOR SALE
- Advert ID
658035
- Reference
IMRHP1 / Rightbiz
- Call Agent:
- Leasehold: £185,000 (Stock at valuation)
- Rent: £20,000 (£1,667 per month)
- Turnover: £432,765 (£8,322 per week)
- Profit: Not Applicable
Key Features
- Convenient takeaway packaging
Business Details
Chicken cottage lease for sale in Hertfordshire, HP1
GALAXY REAL ESTATE PROUDLY PRESENTS TO THE MARKET.
Welcome to an exceptional investment opportunity nestled in the heart of Waterhouse Street, Hemel Hempstead. This profitable takeaway property, strategically located in a busy parade, offers a high profit margin and is ideal for astute investors seeking a lucrative venture. Boasting a prime location with high footfall, this spacious and fully fitted kitchen takeaway is a testament to convenience and potential. The renewable lease further enhances the appeal, making it an easy-to-manage and profitable venture. With the potential to increase its already impressive returns, this leasehold property presents an enticing prospect for those looking to capitalise on a thriving and vibrant area.
This bustling location offers unparalleled convenience, with the closest bus stop just steps away, providing seamless connectivity. The three nearest railway/underground stations, Hemel Hempstead, Apsley, and Kings Langley, ensure effortless commuting options. Additionally, an array of supermarkets, including Tesco Express and Sainsbury's, as well as popular restaurants like Nando's and Pizza Express, are within close proximity, catering to residents' daily needs. Furthermore, the area is rich in amenities, with shopping centres, hospitals, pharmacies, gyms, a vibrant nightlife, a cinema theatre, parks, and a post office, all within easy reach. The property's location also offers access to a library, attractions, and a range of leisure facilities, ensuring a well-rounded lifestyle for prospective buyers.
Embrace this exceptional opportunity to invest in a thriving and prosperous area, where the potential for growth and success is abundant. Don't miss out on the chance to own a profitable takeaway in this vibrant and sought-after location.
Rent: 20k Per Annum (No VAT)
Rates: £450 monthly (approx.)
Weekly Sale: £9000
Timings: 11AM - 11PM
Lease: 10 Years and Renewable
Next Rent Review: 2030
Rent Review: Every 5 Years
Utility Monthly Bill: Gas/Electric/Water & Wifi: £400-£500 (approx.)
Bin Collection: £180 Approx
Building Insurance: £600 (approx.)
Seating Area: 12 seats
Asking Price: £185,000 (including equipment) (stock at valuation)
The shop has the following equipment, all genuine:
1x Epso till system
1x Double Door Drink Fridge
1x Chest Freezer (chips)
1x HC5W Chicken Display (Henny Penny)
1x Chips Dump
1x Chips Fryer Gas
2x Pressure Cookers (Henny Penny Electric)
1x Standing double door freezer (Polar)
2x Drawer Freezers (Adande)
1x Walk-in Fridge
1x 2 Burner Grill (Falcon)
1x Burger Station Fridge
1x Henny Penny Hot Hold
1x Ice Cream Freezer
1x Panini Toaster Double Buffalo
1x Steamer (Giorik)
"AGENCY FEES APPLY"
This is an excellent opportunity to acquire a profitable and respected fast food business in a busy location. Early viewing is highly recommended.
Enquiries & Viewings:
If you would like to enquire or book an appointment, please contact us:
| Sivi Babbar | 07865974908 |
| 0208 004 1111 | [email protected]
Contact Agent
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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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