Well Established Chinese Takeaway in Hertfordshire For Sale

Situated in a arade, unopposed trading position, residential estate LETCHWORTH, HERTFORDSHIRE

Turnover £ 2,500
Price £42,000

Features

Well Establised Chinese Takeaway

6 DAYS OPENING

4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 1,165 ft² with ELECTRIC SHUTTERS. 3 cameras. Non-slip vinyl flooring, suspended ceiling with tube lights. Customers' waiting area. Sales counter, cash register.

KITCHEN. Stainless steel extractor, 7-burner Chinese cooker, rice cooker, deep fat fryer, microwaves, upright single door freezer, 2 chest freezers, fridge, double sink and drainer, 4 stainless steel preparation tables with shelving

Walk-in coldroom

2 Storerooms

2 staff toilets

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by a husband & wife team plus 2 drivers

Trading Hours

6 Day week
WEDNESDAY - MONDAY - 5 p.m - 10 p.m
CLOSED TUESDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord. granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £5,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £42,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 21,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote