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Well Established Pizza Shop For Sale

Kingston Upon Thames, Surrey, UK
Asking Price:
£100,000
Turnover:
£312,000
Net Profit:
Undisclosed

The PIZZA SHOP occupies a double fronted corner position with tiled floor. The equipment includes counter, computer system for deliveries, 2-deck Blodgett pizza oven with conveyor belts, 3-door stainless steel refrigerated making table with refrigerated topping section, upright glass fronted ice cream display deep freezer, upright glass fronted fridge, walk-in coldroom etc.

Stairs to basement with 1 chest deep freezer plus 2 upright deep freezers

Staff toilet

LOCATION: Situated end of parade, busy road, SURREY

TURNOVER: WE ARE INFORMED the turnover currently averages £6,000 p.w. in our opinion offering further potential to increase in the right hands. We understand the split of turnover is approximately £2,000 p.w. in respect of takeaway with the balance of £4,000 p.w. in respect of deliveries. Some of the deliveries come from Deliveroo & Just Eat.

STAFFING: At present operated by the vendor with the assistance of 1 full time & 2 part time staff.

PRICE: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

The vendor is prepared to sell the long leasehold property which we understand has approximately 83 years unexpired at nil ground rent.

PRICE TO INCLUDE THE VALUABLE LONG LEASEHOLD PROPERTY WITH NO RENT, GOODWILL, FIXTURES & FITTINGS £225,000 plus STOCK AT VALUATION

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold