Chinese Restaurant & Takeaway in West Drayton For Sale

Situated in a parade, main road trading position, residential area, MIDDLESEX WEST DRAYTON

Turnover £ 9,000
Price £120,000

Features

Well Fitted Chinese Restaurant & Takeaway

6 DAYS OPENING

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 660 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with LED lights. Sales counter, cash register. Illuminated menu board. Tables and chairs providing seating for 20 persons. CCTV system (4 cameras,1 monitor)


KITCHEN. Stainless steel extractor unit, 7-burner Chinese cooker, 2-pan deep fryer, 4 fridges, 3 freezers, microwave, double sink and drainer.

Ladies' & gentlemen's toilet with w.c. and wash hand basin.

Stockroom
Staff room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. with a gross profit of 65% approx. (60% DELIVERY)

Staff

The business is at present operated by the vendor with 2 full time with 2 part time staff and 3 drivers.

Trading Hours

6 Day week
WEDNESDAY - TUESDAY 4 p.m - 11 p.m

Accommodation

THE SELF CONTAINED ACCOMMODATION with Electric Heaters, Double-glazed windows. The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Lounge (used as a bedroom)
Kitchen

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2016 with reviews every 4 years (next review 2024) at a current rent of £22,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote