Asian Takeaway in Hampshire For Sale

Detached property, unopposed trading position, residential area, Hampshire.

Turnover £ 3,000
Price £100,000

Features

Asian Fast Food Takeaway

5 DAYS OPENING
NEWLY FITTED 2024

DETACHED PREMISES in the region of 1,100 ft² Amtico flooring, suspended ceiling with LED down lights, sales counter, EPOS till, waiting area.

Kitchen with stainless steel extractor unit, Chinese Cooker (4-burner), 2 x deep fryer (2 pan), twin bain marie, Double fridge, Double Fridge/freezer, 3 x deep freeze.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (60% DELIVERIES)

Staff

The business is at present operated by the 2 partners with the assistance of 1 part time staff and 1 driver.

Trading Hours

5 Day week
TUESDAY - SATURDAY 4pm - 9pm

Accommodation

THE SELF CONTAINED ACCOMMODATION, air conditioning, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £750 per month. The accommodation comprises:

1 Large bedsitting room with Kitchen area.
Shower room with shower, w.c. and wash hand basin.

Outside

Car Parking space for 4 car.

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £24,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote