Old Established Chinese Takeaway in East Sussex For Sale

Situated in a parade, excellent trading position, close to City Centre, WEST SUSSEX

Turnover £ 1,750
Price £20,000

Features

Old Established Chinese Takeaway

2 DAYS OPENING (8 hours per week)
5 STAR HYGIENE RATING

SINGLE FRONTED TAKEAWAY in the region of 470 ft² with vinyl floor, suspended ceiling with LED lights, sales counter, cash register

Kitchen with stainless steel extractor unit, Wok station, fryers x 2, Bain Marie x 1, shelving, 5 fridges, 4 freezers, extractor, stainless tables, sinks, 3 Portable Induction cookers.

Staff Toilet with w.c. and wash hand basin.

First floor 2 room in the region of 215 ft² for stock

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 - £2000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Husband & Wife team

Trading Hours

2 Day week
FIRDAY & SATURDAY 5pm - 9pm

(Only open 40 weeks per year)

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in August 2022 with reviews every 4 years (next review 2030) at a current rent of £18,500 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2000, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.