Well Equipped Nottinghamshire Fish And Chips Chinese Takeaway For Sale

Business description

The business occupies a main road trading position in this expanding residential area. Close by is a Tesco Express, Co-op, Post Office plus a large industrial area.

Ample Free Parking in front of parade. Free Public Car Park nearby for approximately 40 cars.

SPACIOUS SHOP with amtico wood effect flooring. Well equipped including illuminated menu boards, stainless steel servery, 3-pan Frankford range, Archway 6-burner kebab machine, drinks fridge etc.

LEVEL KITCHEN fully equipped including full extractor system, 7-burner Chinese cooker, 3 rice cookers, 5-burner gas cooker, 2 microwave ovens, 2 chest deep freezes, 2 upright deep freezes

REAR KITCHEN with 2 fridges plus sink

Additional kitchen utilized as a PREPARATION ROOM with large sink plus racking.

Adjoining room with potato chipper and peeler

Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,850 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The SPACIOUS living accommodation comprises: 4 Bedrooms (1 large double, 2 additional doubles, 1 single) Bathroom with bath, w.c. and wash hand basin Large Lounge (or 5th bedroom)

Location:

Situated in a parade of 3 shops, busy road, residential area, NOTTINGHAMSHIRE

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of additional lines including pizzas/Indian Takeaway. (We understand that approximately 30% of the present turnover is in respect of Chinese food).

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 10.30 a.m. - 2 p.m. & 4.30 p.m. - 11 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for Sunday opening, if desired.

Employees:

At present operated by the vendor with the assistance of 5 part time staff.

Other information

Financing available:

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