Business for sale

Business description

Location Situated in a parade, excellent main road trading position, densely populated sought after residential area, Middlesex

We are informed the turnover averages £2,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60/65% approx. It will be appreciated upon inspection that the premises have potential to provide kebabs and burgers, if desired.

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £50,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Service road in front of parade (providing ample Customer's car parking - Pay & Display during the day - Free in the evenings).

SPACIOUS SINGLE FRONTED HOT FOOD CHINESE TAKEAWAY. Customer area with ceramic tiled floor, ample customer's seating (while waiting). Counter.

Large kitchen at rear with quarry tiled floor. The equipment includes 9-burner Chinese cooker, stainless steel extractor unit, 6-burner gas cooker, 2 rice cookers, 2 microwave ovens, 2 chest deep freezes, fridge, 3 sinks plus drainer etc.

Storeroom
Staff cloakroom with w.c. and wash hand basin

Staff The business is at present operated by the owner with the assistance of his wife part time, 1 full time kitchen staff plus 1 full time and 1 part time driver.

Opening Hours 5 p.m. - 11 p.m. seven evenings per week

Outside Large yard at rear providing parking space for a minimum of 4 cars

Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 10½ years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,890 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8854