Chinese Takeaway in South Croydon For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SURREY SOUTH CROYDON

Turnover £ 2,500
Price £39,000

Features

Well Established Chinese Takeaway

4 STAR HYGIENE RATING

6 DAYS OPENING

DOUBLE FRONTED PREMISES with SHUTTERS. Laminated strip floor, suspended ceiling with spotlights. Seating for customers. Sales counter, cash register.

KITCHEN. Stainless steel extractor unit, 4-burner Chinese cooker, 4 fridges, 4 freezers, microwave, 2-pan deep fryer, rice cooker. 3 preparation tables, double sink and drainer.

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

Basement, used for storage purposes.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a gross profit of 65% approx. (50% DELIVERIES)

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time staff & 1 driver

Trading Hours

6 Day week
TUESDAY - THURSDAY 4.30 p.m - 10.30 p.m
FRIDAY & SATURDAY 4.30 p.m - 11 p.m
SUNDAY 4.30 p.m - 10.30 p.m

Outside

Rear yard

Tenure

The private landlord, subject to satisfactory references is prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £14,000 p.a. for the first 4 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 19,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote