Chinese & Thai Takeaway Plus Small Seating Area For Sale

Business description

Full A5 use

SPACIOUS DOUBLE FRONTED PREMISES newly fitted approx. 18 months ago to a very high standard. Ceramic tiled floor. Tables and chairs providing seating for 16 persons. Counter with hot food display unit, automatic coffee machine.

Open plan level kitchen with tiled floor. The equipment includes 7-burner Chinese cooker, stainless steel extractor, double charcoal grill, electric double deep fryer, upright double door stainless steel fridge, 1 upright double door deep freeze, 2 single under-counter fridges, 2 small upright deep freezes, double sink and drainer, wash hand basin etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease for a period of 25 years from September, 2007 at a rental of £17,000 p.a. exclusive of rates up to September, 2012, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

There is a staff bedroom Separate shower room with shower Cloakroom with w.c. and wash hand basin

Location:

Excellent High Street trading position, residential and commercial area, CLEVELAND

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

6 evenings per week - 5 p.m. - 11 p.m.
CLOSED WEDNESDAY EVENING
It will be appreciated upon inspection that there is potential for additional opening hours.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.