Chinese Takeaway plus Bagels and Shakes in North London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, NW LONDON

Turnover £ 6,000
Price £50,000

Features

Chinese Takeaway Plus Bagels & Shakes Bar

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 575 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with fluorescent lighting, sales counter, EPOS till, Coca-Cola fridge, 2 x cool display counter with refrigerated storage section, CCTV system (6 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, Gas 8-burner Cooker, Gas 4-burner Cooker, freezer, deep freeze, microwave, Rice cooker, Oven, Deep fryer.
Walkin coldroom.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx. (70% online sales)

Staff

The business is at present operated by the vendor with 2 chinese chefs with 1 full time staff & 2 drivers

Trading Hours

7 Day week
MONDAY - THURSDAY 5pm - 2am
FRIDAY - SUNDAY 12pm - 2am

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £16,000 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 IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote