Chinese Takeaway And Delivery For Sale

Business description

SUMMARY:
• PRICE (LEASEHOLD) £58,000
• GROSS PROFIT 65%
• TURNOVER £2,800p.w.
• 6 DAYS OPENING

DESCRIPTION:
SINGLE FRONTED, tiled floor, suspended ceiling with spot lights, sales counter.
• Kitchen (Open plan), Chinese Cooker (7-burner), double door fridge, 3 freezers, drinks display fridge (glass fronted upright single-door), stainless steel extractor unit, preparation table, sink

Property information

Property:

Leasehold

Lease terms:

We have not had sight of the lease but WE UNDERSTAND FROM THE VENDOR that the premises are held on a SECURE RENEWABLE lease from the private landlord:
• Lease granted for 20 years in 2008 (renewable under 1954 act)
• Reviews every 4 years (next review 2016)
• RENT £9,000 p.a.

THE VENDOR HAS ADVISED THAT:
• BUSINESS RATES from APRIL 2011 payable: £1,000 (Please contact local council to confirm)

Living accommodation:

THE ACCOMMODATIONFlat with Electric Heaters • 2 Bedrooms (1 double, 1 Single). • Lounge/Additional bedroom if required. • Shower room with shower, w.c. and wash hand basin.

Location:

Situated in a Parade, main road trading position, residential, office and commercial area, NORTHANTS

Business Operation

Expansion potential:

We have not had sight of the account but WE ARE INFORMED by the vendor :
• Turnover averages £2,800 p.w.
• Gross profit 65% approx.

Reasons for selling:

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. N.B. The purchaser is to be responsible for the Landlord solicitors costs.

Trading hours:

6 Day week (Wednesday - Monday) 5 pm - 11.30 pm
CLOSED TUEDAY

Employees:

The business is at present operated by the 2 partners • 2 part time staff employed.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance