Takeaway for Sale in Kentish Town

  • Premium £165,000
  • £39,000/Annum
Kentish Town, London, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Takeaway for Sale in Kentish Town

Kentish Town, London, UK
  • Premium £165,000
  • £39,000/Annum

Description

Takeaway for Sale in Kentish Town. Fully Fitted & Well Maintained.


MAIN FEATURES

  • Located in Kentish Town High Street
  • Great Visibility and High Footfall Area
  • Circa of 20-25 Covers
  • Ground Floor of Circa 896 Sq. Ft
  • Basement of Circa 678 Sq. Ft
  • Fully Fitted Open Plan Kitchen
  • Large Storage in the Basement
  • Gas & Extraction in Place

LANDLORD’S REQUIREMENTS

  • Personal Guarantor Required
  • 3-6 Months Rent Deposit Subject to References
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Ending May 2037 (Inside the Act of 1954)
  • Rent: £39,000 PAX
  • Rent Review: Every 5 Year
  • Next Rent Review: 2029
  • Premium: £165,000 (Business, Lease & FF&E)

THE PREMISES

  • Total Circa of  1,574 sq. ft
  • Circa of 20-25 Covers
  • Payable Business Rates: £13,980
  • This year payable 3,348 per annum (Retail discount)
  • Ground Floor of Circa 896 Sq. Ft
  • Basement of Circa 678 Sq. Ft
  • Fully Fitted Open Plan Kitchen
  • Gas & Extraction in Place

THE BUSINESS

  • Gross Turnover: We have been informed that the takeaway generates Gross revenue of circa £234,000 per annum (£4,500/week).
  • Current Opening Hours: Mon – Sun (12pm-11pm)
  • Our client manages the takeaway with 4 staff members – 3 full time & 1 part time.

THE LOCATION

  • Kentish Town, NW5
  • 0.4 miles to Kentish Town West
  • 0.6 miles to Camden Road

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 February 15, 2024 at 11:37 am
  • Price: Premium £165,000
  • Size: 1574 Sq. Ft
  • Covers: 25
  • Use: Takeaway
  • Type: TAKEAWAYS, FAST FOOD
  • Status: AVAILABLE

Overview

  • TAKEAWAYS, FAST FOOD
  • Type
  • 1574
  • Sq. Ft

Contact Information

RPS_Agent
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