Chinese Takeaway in Surrey For Sale

Occupying a corner position, excellent trading position, residential and commercial area, Surrey.

Turnover £ 6,000
Price £99,500

Features

Long Established Chinese Takeaway

6 DAYS OPENING

DOUBLE FRONTED CORNER PREMISES, in the region of 1,000 ft² - CCTV (2 cameras), tiled flooring, suspended ceiling with inset lighting.

Customer waiting area.

Sales counter, electronic cash register.

KITCHEN - Non slip lino flooring, tube lights. Stainless steel extractor, 7 burner chinese cooker, oven, 2 rice cookers, microwave, steamer, large fridge, chest freezer with stainless steel top, stainless steel preparation table, double sink and drainer,

Stairs to . .

Basement, in the region of 500 ft², used for storage purposes
Fridge.
Freezer.

Staff cloakroom with toilet and sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx. (30% DELIVERIES) Not on online portals

Staff

The business is at present operated by the vendor plus her brother with the assistance of 2 part time staff plus 1 driver

Trading Hours

6 Day week
MONDAY, WEDNESDAY, THURSDAY, FRIDAY & SATURDAY:
12 noon - 2pm and 5pm - 11.30pm

SUNDAY 5pm - 11.30 pm
CLOSED TUESDAY

Accommodation

THE ACCOMMODATION, separate access and access via the business, with Electric Heaters, Double-glazed windows. The accommodation comprises:

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

Outside

Rear garden

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at an initial 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 1995, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote