Leasehold Chinese Takeaway in County Londonderry For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this highly profitable Chinese takeaway. Established by our client in 1999, the business has been a success from day one, achieving a weekly turnover of £3,500, with a gross profit of around 70%. Only now is the business offered to the market due to our client relocating to England to pursue other business interests. Imperial Palace draws its trade from the surrounding area, supplying quality Chinese cuisine to passers by and regulars, as well as offering a delivery service. The kitchens and front shop are in excellent order, being recently redecorated. The Chef will be able to stay on if required, as will the counter staff and delivery drivers. There is a self-contained 3 bedroom apartment available above the shop for £360 per month. This is an excellent opportunity for anyone wishing to take advantage of an easy to run and profitable Chinese takeaway and SBS urges early inspection.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 12 years
Remaining length: 4 years, renewable to 15 years
Rent: £240 per week

Living accommodation:

PROPERTY DETAILS Leasehold Chinese takeaway, briefly comprising: MAIN SHOP Entrance to main customer area Seating to front and side Counter Menu board fixed to wall Tiled flooring Door to back counter area for staff KITCHEN Walls clad in stainless steel and PVC Large, 4-ring, oriental gas wok cooker Extractor hood above Lincat Bain-Marie Two twin electric deep fat fryers Gastronome style refrigerator Walk-in 6ft x 3ft cold room Two stainless steel sinks 6-ring gas oven Two chest freezers Upright fridge freezer EXTERNAL Large outside store Toilet

Location:

Imperial Place is located in a highly visible trading location within the town of Coleraine, County Londonderry. The takeaway lies within a parade businesses on the one way system around the town, with ample car parking to the front of the property and across the road in a Pay and Display zone. Coleraine is an extremely busy town with a high daily footfall. It lies just an hour from Belfast via the A26 and 50 minutes from Londonderry via the A37 and therefore serves as a popular commuter base. The surrounding area is exceptionally beautiful with blue flag beaches and protected nature reserves to the west and east of this coastal town, drawing holiday makers from the rest of the province and from further afield.

Other information

Trading hours:

Sunday - Thursday: 4.30pm - 11.00pm Friday & Sat: 4.30pm - 11.30pm Tuesday: Closed