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Takeaway for sale

Central Buildings, The Broadway, London, W5

Guide Price £250,000

Property Description

Commercial information

  • Business for sale

Key features

  • Prime London location
  • Weekly Sales average between 5,500-6,000 per week. Net Profit figure for 2013 was 75,000 - 80,000 per annum.
  • Late night licence
  • Opposite commuter underground station
  • Reduced for quick sale - Price negotiable

Full description

Tenure: Leasehold

Situated in an excellent West London location which has a vast array of independent and national retailers, car parks, numerous bus routes and other transport links. The business also has an excellent reputation locally for good quality take away food.

Bagel Bite was established by our client in 2011 and has since gained a regular and loyal customer base from both office workers and also shoppers who visit the busy high street and shopping centre's close by.

The general location provides heavy footfall in this well populated residential area and commercial sector along with daily commuters using the underground station directly opposite.

The business underwent a refurbishment program upon change of ownership and benefits from good quality fixtures, fittings, serving area and glass display chiller for sandwich fillings.

Annual sales average 75,000 - 80,000.

Current records and accounts can be inspected when viewing.

Monday - Sunday 07:00 - 00:00

Managed by the owners with additional full and part time staff.

The business operates from the ground floor of a mid terraced property on a parade location opposite a commuter Train station in Zone 3 of the London Underground.

Fully open plan seating and serving area with a light and airy feel providing a total of 8 covers. The business operates with an A1 hot food licence.

The commercial kitchen consists of stainless steel work tops, griddle, oven, commercial extractor fans, fridge, freezer and staff toilets.

There is no residential accommodation for owners/management available.

We are advised that the property is held on a 15 year lease which commenced in 2008. The rent is currently 30,000 per annum. Rent reviews are every five years.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

An excellent opportunity for a 'hands on' operator to take this business on to the next level and to further develop the customer base by taking advantage of a first class West London location.

More information from this agent

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