Chinese Takeaway in Essex For Sale

Situated in a parade, main road trading position, residential area, ESSEX

Turnover £ 4,500
Price £34,500

Features

Old Established Chinese Takeaway

4 STAR HYGIENE RATING
FORECOURT TO FRONT
6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 350 ft², tiled floor, suspended ceiling with fluorescent lighting, sales counter, EPOS till, CCTV system (3 cameras, 1 monitor).

Kitchen, stainless steel extractor unit, Chinese Cooker (6-burner), preparation table, freezer, fridge, microwave.

Toilet with w.c. and wash hand basin..
Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 65% approx. (70% DELIVERIES)

Staff

The business is at present operated by the vendor with 3 full time & 1 part time staff plus 2 driver as required.

Trading Hours

6 Day week

MONDAY & TUESDAY 5 p.m. - 10 p.m.
THURSDAY 5 p.m. - 10 p.m.
FRIDAY & SATURDAY 5 p.m. - 10.30 p.m.
SUNDAY 5 p.m. - 10 p.m.
CLOSED WEDNESDAYS

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Bathroom with bath, w.c. and wash hand basin.
Lounge.

Outside

Rear garden

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 2017 with reviews every 3 years (next review 2026) at a current rent of £6,500 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £34,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 17,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote