Well-Positioned Chicken Shop – North London (Commission Basis Only) Ref: RB540

Description

Right Business are pleased to offer this chicken shop in North London to the market on a commission-only basis. The property is located in a prominent position on a busy parade, offering excellent visibility and convenient access to major road networks.
Key Features:
• Late trading licence in place
• Excellent location with strong footfall
• Highly recommended for early viewing
• Internal inspections are strongly encouraged
• Offered strictly on a commission-only basis
• Rent for Shop & flat - £36,250.00 per annum
• Income from the flat - £31,000.00 per annum
• Secure refundable deposit - £25,000.00
• Commission per week - £1,200.00 per week

Tenure: The premises are held on a secure renewable lease, the present lease having approximately 3 years unexpired at a current rental of £36,250.00 p.a (Income from the flat - £31,000.00 per annum) with a rent review every 3 years and business rates: - Nil

Turn Over: We are informed the turnover currently averages £6,000.00 p. w (10% Delivery) in our opinion offering tremendous potential for further increase in the right hands.

£ 25, 000.00 REFUNDABLE DEPOSIT FOR THE BENEFIT OF THE COMMISSION, FIXTURES &FITTINGS plus STOCK AT VALUATION £2000.00 approx.

Please note: These particulars provide a general outline only. It is advised that prospective purchasers make their own enquiries. These details do not constitute any part of an offer or contract. All statements or details contained within these particulars are without any responsibility on any part, to right business. Right business charges a fee of £500 as admin fee from proposed buyer. A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the right business account.

Ad ID: 1499996427