Old Established Chinese Takeaway in Hampshire For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, Hampshire.

Turnover £ 6,250
Price £50,000

Features

Old Established Chinese Takeaway

6 DAYS OPENING
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 475 ft² with laminated strip floor, hanging light, sales counter, computer, EPOS till, CCTV system (2 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Chinese Cooker, fridges, freezers, double sink and drainer, preparation table.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 - £6,500 p.w. with a Gross profit of 65% approx. (£5,000 online sales)

Staff

The business is at present operated by the Husband & Wife team with 1 full time staff employed.

Trading Hours

6 Day week
TUESDAY - SUNDAY 5pm - 11pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Parking space for 1 car.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £19,200 p.a. for the first 4 years. (or £9,600 as lockup shop)

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote