Shernhall Street London, E17

LOCATION:
BTC is pleased to offer this takeaway business located in East London. This business operates under a hybrid model, offering both delivery and takeaway services, with strong profit margins. The shop is ideally positioned on a corner in a active and bustling area, benefiting from significant foot traffic. It is located just 0.7 miles from the nearest train station and only 0.3 miles from the closest bus stop, making it easily accessible for customers traveling via public transport.

Additionally, the area is surrounded by a number of residential buildings and nearby businesses, ensuring a constant flow of foot traffic. One of the advantages of the location is its proximity to a care home directly opposite the business, which generates further foot traffic and provides a potential customer base. The shop is also conveniently located close to 4 schools and 3 colleges, that guarantees a steady stream of online orders throughout the day.

OVERVIEW:
This is a great opportunity to acquire a established takeaway business that has been operating for the past 8 years and the current owner has been running the business as a franchise for the last one year. The business operates as a takeaway and offers significant potential for growth, The current menu includes a variety of items such as burgers, chicken, wraps, breakfast options, desserts, and shakes. As a franchise, The business benefits from highly skilled and trained chefs on sponsored visas, making it a strong investment opportunity.

The business is located in an area with no nearby competition, and its the only takeaway business within a 3-mile radius. This provides an excellent opportunity for new owners to take over and capitalize on the business's established position in the market.

The business is listed on all major delivery platforms, including JustEat, UberEATS, and Deliveroo, and also has its own dedicated website for online orders.

POTENITAL:
There is significant potential for growth, as approximately 30,000 new flats are being built in the area-20,000 in the first phase and another 10,000 in the next few years. These developments will help to boost the further business growth. The new owner also has the opportunity to expand the menu with additional items, which could generate increased revenue.

TURNOVER: Approx. £15000 Per week

RENT: £15000 Per annum

RATES: No business rates

TENURE: Leasehold - Renewable lease 7 years remaining

TRADING HOURS:
6 AM to 3 AM (All days)

The business comes with the following equipment:

- 11 small under-counter freezers
- 6 tall freezers
- Steam fryer
- 3 microwaves
- Coffee machine
- Panini maker, toaster, and warmer
- 4 tall fridges
- 3 countertop fridges
- Large wok with 8-pan machine
- Additional fryer
- Hanny Panny
- Griller
- And many other equipment items

PRICE: The business is being marketed at a price in the region of £325,000 plus SAV, which includes all fixtures, fittings, and the equipment listed above.

For further information, please contact the BTC Commercial and Investment team on 0208 889 7474 or commercial@btcint.com

Tenure: Please confirm with BTC Group Limited Commercial whether this property is freehold or leasehold

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