Profitable Chinese Takeaway in Blackheath For Sale

Situated in a parade, excellent main road trading position, SE LONDON BLACKHEATH

Turnover £ 20,000
Price £210,000

Features

Profitable well Established Hot Food Chinese Takeaway & Delivery

DOUBLE FRONTED PREMISES in the region of 775 ft²

Customers' area with tiled floor. 6 chairs for customers' waiting. Counter.

LEVEL KITCHEN with tiled floor, part tiled walls & part stainless steel cladding to walls, 8-burner Chinese cooker, 2 double deep fryers, 3 stainless steel fridges, 1 chest deep freezer, double sink & drainer, wash hand basin.

Stairs to basement storage area in the region of 220 ft² with 1 fridge, 6 chest deep freezers.

Turnover

WE ARE INFORMED the turnover averages £20,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present opereated by the vendor on a part time basis with the assistance of 3 full time plus 2 part time staff. In addition there are 3 drivers plus 2 additional drivers at weekends employed for deliveries.

Trading Hours

4 p.m. - 11.45 p.m. seven days per week

Accommodation

The accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin

Outside

Small yard

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 2016 with reviews every 5 years (next review 2026) at a current rent of £33,333 p.a. + VAT

Business Rates from April 2023 £4,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £210,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 105,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote