Old Established Chinese Takeaway in Hampshire For Sale

Situated in a small parade, unopposed trading position, residential area, Hampshire.

Turnover £ 3,500
Price £65,000

Features

Old Established Chinese Food Takeaway

6 DAYS OPENING
5 STAR HYGIENE RATING

SINGLE FRONTED TAKEAWAY PREMISES in the region of 700 ft² with tiled floor, suspended ceiling with LED Panel lights, cash register, seats for people waiting.

Kitchen with stainless steel extractor unit, Chinese Cooker (4-burner), deep fryer (2 pan), deep fryer, fridge, freezer, stainless steel preparation table.

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

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 65% approx. (33% via Portals)

Staff

The business is at present operated by the vendor with 3 full time staff employed.

Trading Hours

6 Day week
THURDSAY - TUESDAY 5pm - 10pm

Outside

Parking space for 2/3 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2022 with reviews every 4 years (next review 2030) at a current rent of £16,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote