High Street, Potters Bar, EN6

Location

The premises is situated along an established parade of shops, at a busy set of traffic lights, along the High Street, Potters Bar providing high levels of footfall and vehicular passing trade.

Premises

An end of terrace retail shop with facia board, glazed frontage and single glazed entrance door leading into the premises which measures approximately 540 Sq. Ft. and is arranged as follows:

Takeaway

The TAKEAWAY area with tiled flooring and walls, air con system, TV, seating, large double display fridge, wall mounted menu and hip height serve over counter. Behind the counter is:

Kitchen

Behind the counter is the COMMERCIAL KITCHEN equipped with large commercial extractor system which benefits from an air-in system and gas shut off valve, various stainless steel prep tables, till system, 2x kebab gill, large charcoal grill, chip scuttle, 6 burner oven, large double upright stainless steel fridge, double stainless steel sink, stainless steel prep table with under counter refrigeration x 2, twin basket fryer, microwave, and large commercial mixer. An opening at the rear of this area leads to a walkway with a door off the right leading into a WC with wash hand basin. There is a door at the end of the corridor that leads to:

Lean To Store

The LEAN TO STORE with racking and large chest freezer. A door off the lean-to leads into a alley way that runs down the side of the property which is  currently utilised for bin storage.

Tenure

10 Year lease from September 2023 at a rental of £14,000 per annum exclusive.

Trading Hours

Tuesday - Sunday 12 pm - 10 pm, closed on Monday.

Staff

The business is run by the Vendor on a full time basis, with the assistance of 2 full time and 2 part time members of staff.

Turnover

We are advised the turnover averages £7,500 per week working to the usual high gross profit margins associated with the trade.

Business Rates

The premises is subject to a rateable value of £9,500 resulting in zero business rates payable, should small business rate relief apply to a purchaser.

Legal Costs

Each party are to be responsible for their own, with the landlords legal cost to be split 50/50.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.