Sushi & Chinese Takeaway in Reigate For Sale

Situated in a Parade, main road trading position, near railway station, residential and commercial area, REIGATE, Surrey.

Turnover £ 7,000
Price £80,000

Features

Sushi & Oriental Takeaway with Full Sui Generis (a5) Use

SINGLE FRONTED PREMISES in the region of 200 ft², CCTV (4 cameras), tiled floor, plaster board ceiling with spot lights.

Customer waiting area.

Sales counter - Electric cash register, soft drinks fridge, display chiller.

Kitchen - Stainless steel extractor, 4 burner hob, oven, 2 rice cookers, grill, steamer, microwave, 3 freezers, under counter fridge, double sink and drainer, stainless steel preparation table, etc

Store room.

Staff cloakroom with wash and basin and w.c.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor with 1 full time, 1 part time staff and a delivery driver employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 2 pm then 5 pm - 10 pm

Outside

Bin Store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 6 years in 2026 with a rent review in 2031 at a current rent of £15,500 p.a.

We understand the subject to references the Landlord will require a 6 month rent deposit.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 & OFFERED FOR SALE SOLELY DUE TO FAMILY HEALTH CHALLENGES

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £ 80,000 INCLUDING STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote