Pizza Takeaway for Sale in Watford

  • Premium £60,000
  • £21,000/Annum
Watford, Hertfordshire, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Pizza Takeaway for Sale in Watford

Watford, Hertfordshire, UK
  • Premium £60,000
  • £21,000/Annum

Description

Fully Fitted Pizza Takeaway for Sale in Watford


MAIN FEATURES

  • Circa 533 Sq. Ft Pizza Takeaway
  • Newly Fitted with High Quality Equipment
  • Possible to Change into any other Takeaway
  • Excellent Website & Online Ordering System
  • 5 Star Food Hygiene

LANDLORD’S REQUIREMENTS

  • Rent deposit subject to references
  • Personal Guarantor subject references
  • Proof of funds
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Expiring Nov 2037 (Inside the Act of 1954)
  • Passing Rent: £21,000 PAX to be reviewed every 3 years
  • Next Rent Review: Nov 2025
  • Premium: £60,000 (Business, Lease & FF&E)

THE PREMISES

  • Circa 533 Sq. Ft
  • Fully Fitted Commercial Kitchen
  • High Standard Pizza Oven in Place
  • Opening Hours: 5:00 to 10pm (Sat & Sun: 12pm to 10pm)
  • Business Rates: Circa £8,000 (Rateable Value: 16,250)

THE LOCATION

  • Watford, Hertfordshire
  • Next to Busy Parade
  • 0.5 Mile from Watford Junction

TRADING & FINANCIALS

  • Cafe Gross Sales Revenue: Circa £3,000/week (£156,000/year) (As per the vendor)
  • Gross Sales is only from Dine-In & JustEat
  • Potential to increase sales by adding new Menu Items like burger & kebabs 
  • Currently our client manages the takeaway with 1 full time and 2 drivers

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Details

Updated on September 13, 2023 at 8:02 pm
  • Price: Premium £60,000
  • Size: 533 Sq. Ft
  • Use: Takeaway
  • Type: TAKEAWAYS, FAST FOOD
  • Status: AVAILABLE

Overview

  • TAKEAWAYS, FAST FOOD
  • Type
  • 533
  • Sq. Ft

Contact Information

RPS_Agent
  • RPS_Agent

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