Chinese Takeaway and Delivery in Buckinghamshire For Sale

Situated in a parade, expanding residential area, BUCKINGHAMSHIRE

Turnover £ 3,000
Price £29,500

Features

Old Established Chinese Take Away

5 DAYS OPENING
5 STAR HYGIENE RATING

Ample customer's car parking as there are no parking restrictions in front of shop.

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with fluorescent lighting, sales counter, EPOS till, Coca-Cola fridge, CCTV system (3 cameras).

Kitchen with stainless steel extractor unit, Chinese Cooker (7-burner), deep fryer (3 pan), hot cupboard with hot service, rice cooker, bain marie, microwave, double sink and drainer, stainless steel fridge, sink.

Store room with double fridge, 3 x deep freeze.

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 Husband & Wife team with family support plus 2 additional staff.

Trading Hours

5 Day week
WEDNESDAY - SUNDAY 5pm - 10.30pm
Potential and local demand for further trading including lunchtime.

Outside

Rear shard yard with Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2000 with reviews every 5 years (next review 2025) at a current rent of £18,100 p.a. In addition we understand there is a Service charge of £1,200 p.a. approx. + VAT (This unit can continue as a Chinese of other cuisines but can not trade selling Fish & Chips, Fried Chicken or Kebabs)

Business Rates from April 2024 £490 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 14,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote