Chinese Takeaway in South London For Sale

Situated in a Parade, main road trading position, residential and commercial area, SE LONDON

Turnover £ 3,500
Price £100,000

Features

Chinese Takeaway



SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS - Tiled flooring, suspended ceiling with LED panels.

Customer waiting area.

Sales counter, soft drinks fridge, electric cash register.

Open plan kitchen - Stainless steel extractor, 6 burner hob, oven, bain marie, double basket deep fat fryer, microwave, heated cabinet, 3 freezers, 2 fridges, stainless steel preparation table, double sink and drainer, etc.

Store room.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Staff with 2 full time staff and 1 part time staff employed.

We are informed the wage bill averages £1,200p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 10 pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (council) granted for 16 years in 2020 with reviews every 4 years (next review 2028) at a current rent of £5,500 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100 plus STOCK AT VALUATION
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