Profitable Chinese Takeaway in Central London For Sale

Situated in a Parade, excellent trading position, residential and commercial area, CENTRAL LONDON.

Turnover £ 6,000
Price £65,000

Features

Profitable Chinese Takeaway

4 Star hygiene rating.

SINGLE FRONTED PREMISES, in the region of 275 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, plasterboard ceiling with tube lighting, cctv (3 cameras).

Customer waiting area.

Sales counter, soft drinks fridge, EPOS cash register.

KITCHEN - Stainless steel extractor, 7 burner wok range, double basket deep fat fryer, rice cooker, rice wearmer, microwave, 4 fridges, 2 freezers, singe sink and drainer, wash hand basin, etc.

Store cupboard.

Cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 60% approx. (£4,500 p.w. from portals)

Staff

The business is at present operated by the vendor with 2 full time staff and a driver employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 3pm - 11 pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 12 years in 2025 with reviews every 4 years (next review 2029) at a current rent of £26,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote