Old Established Chinese Takeaway in South Yorkshire For Sale

Situated in a Parade, excellent trading position, residential area, South Yorkshire.

Turnover £ 9,500
Price £45,000

Features

Chinese Takeaway

5 STAR HYGIENE RATING

6 DAYS OPENING (4:45 pm till 10:45pm)

Rent of property £16,000 per year plus VAT

ASKING PRICE £45000 (offers accepted).

SINGLE FRONTED PREMISES, in the region of 875 ft², Non slip vinyl flooring, plasterboard ceiling with tube lights.

Customer waiting area.

Sales counter, EPOS cash register, soft drinks fridge.

Separate Kitchen - Stainless steel extractor, 8 burner hob, oven, 2 rice cookers, 2 single basket deep fay fryers, heated cabinet, bain marie, 2 microwaves, 2 chest freezers, double sink and drainer, stainless steel prepareation table, CD player, pans and pots , knives and chopping boards and other utensils etc.

Walk in cold room.

2 rear rooms, dry stores at the back to keep all dry stock and ingredients.

4 Stainless steel shelves to keep stock (plenty of storage space)

Staff cloakroom with toilet and wash hand basin.

Turnover

The shop is turning around £9,000 p.w. - £10,000 p.w. in sales including all 3 platforms Just eat, Deliveroo, uber eats and inside cash sale as well.

Staff

The business is at present operated by the vendor with 2 food preparation staff , 1 staff @ the counter on week days , 2 on weekends . 2 delivery drivers on week days and 4 on weekends. The staff and front staff are willing to continue to work.

Trading Hours

6 Day week
TUESDAY - SUNDAY 5 p.m. - 10.30 p.m.
CLOSED MONDAY

Outside

Big yard with bins.

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 2006 with reviews every 5 years (next review 2026) at a current rent of £16,000 p.a. plus VAT

We are advised, to an approved applicant, the Landlord grant a new lease for 10 - 20 years, at terms to be agreed.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RETIREMENT AND RELOCATION.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote