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Asking Price
£35000
Description
Established Fast Food business available for sale for a premium of £35,000. The business is trading on a 10 year lease (commended Feb 2005) with a passing rent of £12,000 per annum with a rent review scheduled for Aug 2012). The business sells a variety of fast food dishes including Fried Chicken, Pizza and Curries. Current takings are advised as being around £1,500 per week and opening hours are 11am-11pm 7 days a week. A Late Night hot food licence is being negotiated with the local authority to open weekdays until 2am and weekends until 4am. The property is located on Merton Road, close to its junction with Merton High Street and less than a minute's walk to South Wimbledon on the underground. The unit comprises a serving/customer area of approximately 360ft×/33m× a preparation area of approximately 150ft×/14m× and a basement suitable for storage of approximately 210ft×/19.5m× . There is a small rear yard which contains an outside W/C with rear pedestrian access to Hamilton Mews.
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