London Properties Are Pleased To Offer To The Market This Established Concern Currently Primarily Offers A Full And Varied Takeaway Menu Of Portuguese Style Chicken Would Naturally Furnish Any Enthusiastic Purchaser With Considerable Scope For Continued Growth, Not Least With Regard To A Degree Of Menu Expansion The Main Public Area Also Features A Prominent, Fully Fitted Food Serve-over Counters With Full Complement Of Heated And Refrigerated Food And Drink Display Facilities, A Fully Equipped Washing-up Kitchen Area And A Full Range Of Well Maintained, Industry Standard Stainless-steel Catering Appliances, And Rear Yard All Of Which We Understand Are To Be Included In The Sale Price And Further Details Of Which Will Be Made Available Upon Request To Any Genuine Interested Parties Internal Viewings Are Highly Recommended Through London Properties By Appointment Only for Sale
South London, London
Leasehold : £ 129,950
Turnover : £ 2,900 p.w.
The premises are prominently located on a enviable trading position on Battersea High Street, Battersea. Battersea is a district of south west London within the borough of Wandsworth, located on the south bank of the river Thames and only 3 miles southwest of Charing Cross. The tube station is less than 5 mins walk away and the much sought after area is a hub for independent retailers, cafes, bars and restaurants. Property prices are high and sought after with a healthy mixture of both homeowners and rental residents. There is metered parking in the adjacent streets.
DESCRIPTION: This very well established concern currently primarily offers a full and varied takeaway menu of Portuguese style chicken Would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to a degree of menu expansion. The main public area also features a prominent, fully fitted food serve-over counters with full complement of heated and refrigerated food and drink display facilities, a fully equipped washing-up kitchen area and a full range of well maintained, industry standard stainless-steel catering appliances, and rear yard all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties.
BUSINESS: Appealing to a current owner-operator of a takeaway, looking to grow through acquisition, or a first time buyer wishing to take on a successful venture, a new owner could take steps to increase the businessís overall revenue significantly. Although the business exercises marketing initiatives profusely, for example, through flyering, placing a blackboard on a busy street and via Facebook, additional marketing could be put in place. This could be in the form of an online website which promotes special offers and new items. Taking on additional staff would also increase the businessís efficiency and help to acquire higher takings in a shorter period of time. Opening on Saturdays would further accommodate for business from busy shoppers. The current owner has indicated a willingness to stay on for a transitional period to familiarize the new owner with initial business operations.
PREMIUM: £129,950 for the benefit of the lease, fixture & fittings
RENTAL: £17,500 per annum
TERMS: 7 years left, lease renewable
BUSINESS RATES: £1,000 per annum. Interested parties are advised to make their own enquiries to the local authority.
SIZE: Approximately 800 sq ft
OPENING HOURS: Monday till Friday 12 noon - 9:00 p.m & Saturday Closed, Sunday 13:00 p.m till 19:00 p.m
STAFF: Own managed with 1 staff
TURNOVER: Current turnover in excess of £150,000 per annum
LEGAL COST: To be confirmed
LOCAL AUTHORITY: Wandsworth
REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT: A holding deposit will be required to secure the property the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.
AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only
||Monday till Friday 12 noon - 9:00 p.m & Saturday Closed, Sunday 13:00 p.m till 19:00 p.m
||Own managed with 1 staff
||7 years left, lease renewable