Kennington SE5,London,UK, ID 139731
LOCATION These well-appointed premises occupy a sought-after trading position on a busy parade just off a main road, benefiting from strong passing trade together with custom from the surrounding residential and industrial areas. BUSINESS This is a well-established operation that has been in the current ownership for approximately five years and is now being offered to the market solely due to the vendor’s other business commitments. There is significant potential to introduce an expanded menu. TURNOVER £4,500 per week at 55% gross profit (approximately £1,200 per week from delivery trade). STAFF Vendor plus one full-time and one part-time member of staff. HOURS 11.00am – 10.00pm Monday to Sunday. PREMISES Parade premises with a single frontage and single entrance leading to: takeaway area with seating for four; serve-over counter; two-pan Preston Thomas range; cash register; work surfaces and shelving; microwave oven; electric grill; stainless steel sink; toaster; upright drinks chiller; TV monitor. Preparation area: tiled and fitted with upright stainless steel freezer, small chest freezer, double stainless steel sink, peeler, chipper, and two electric fryers with extractor above. Door to rear covered store area with chest freezer. Staff WC with hand wash basin. Access to yard/bin store and garage with gates to the rear service road. TENURE Approximately 4.5 years remaining on the original 10-year lease. RENT £14,000 per annum (five-yearly reviews). EPC RATING TBA. BUSINESS RATES Nil payable.
