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Reference R8698

Chinese Takeaway in Sutton For Sale


Register to see map and to make an appointment Situated in a parade, busy road, residential area SURREY SUTTON

Turnover 4,300
Price 72,000

Features

Well Establised Chinese Hot Food Takeaway & Delivery

The business has been in the same hands for the past 20 years and there are genuine reasons for sale.

SPACIOUS DOUBLE FRONTED PREMISES with tiled floor, counter.

REAR LEVEL KITCHEN with tiled floor & tiled walls. The equipment includes 7-burner Chinese cooker, 2 microwave ovens, 1 small chest deep freezer, 2 additional chest deep freezers, 1 upright deep freezer, 1 double door stainless steel fridge, 1 glass fronted fridge, double sink & drainer, wash hand basin.

Large storeroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,300/4,500 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor with the assistance of his wife on a part time basis plus 2 full time staff employed. In addition 1 driver is employed weekdays with 2 drivers employed on Friday & Saturday.

Trading Hours

5 p.m. - 11 p.m. 6 evenings per week
CLOSED MONDAY EVENING

Accommodation

The accommodation situated on the first floor DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Large bathroom with bath, shower over bath, w.c. & wash hand basin

Outside

Small yard at rear

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new 16 years full repairing and insuring lease at a rental of 16,500 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable at present after small business relief

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 72,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 36,000 (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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