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Reference R1046

Chinese & Thai Takeaway in South London For Sale

Chinese & Thai Takeaway in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential, office and commercial area, SW LONDON

Turnover £ 5,000
Price £105,000

Features

Well Established Chinese & Thai Food Takeaway

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 240 ft². Tiled floor, suspended ceiling with LED lights. Sales counter, EPOS till, stainless steel extractor unit, 9-burner Chinese cooker, 3 rice cookers, 3 deep fryers (1 gas).

PREPARATION ROOM. 5 freezers, 3 preparation tables, double sink and drainer

Walk-in coldroom

Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 / £5,500 p.w. with a gross profit of 65% approx. (80% DELIVERIES with 30% via Deliveroo, etc)

Staff

The business is at present operated by a husband & wife team with 1 full time staff employed.

Trading Hours

6 Day week
MONDAY, WEDNESDAY & THURSDAY - 5pm - 10.30pm
FRIDAY- SUNDAY - 12 noon - 11pm
Closed Tuesday

Accommodation

THE SELF CONTAINED FLAT with Gas Fired Central Heating, Double-glazed windows, comprises:

3 Bedrooms (2 doubles, 1 single)
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord granted for 15 years in 2016 with reviews every 5 years (next review 2026) at a current rent of £21,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 52,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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