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Business description
SINGLE FRONTED MEDIUM SIZED PREMISES newly fitted, ceramic tiled floor. Counter, 2 computers for ordering.
OPEN PLAN COOKING AREA with tiled floor. The equipment includes 5-burner Chinese cooker, microwave oven, 1 4-burner gas cooker, deep fryer, 1 refrigerated making table, 1 2-door stainless steel counter fridge, deep freeze, upright double door stainless steel fridge, double sink and drainer etc.
Staff cloakroom with w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,200 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Living accommodation:
- The accommodation in the form of a 1 BEDROOM BEDSIT
- Location:
- Situated in a parade, excellent main road trading position, HAMPSHIRE
Business Operation
- Expansion potential:
- WE ARE INFORMED the turnover averages £3,500/£5,000 p.w. including takeway & delivery, in our opinion offering tremendous potential for further increase in the right hands.
- Reasons for selling:
- TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- 6 evenings per week - 5 p.m. -11 p.m.
CLOSED TUESDAY EVENING
- Employees:
- The business is at present operated by 1 full time partner with the assistance of 2 full time chefs plus 4 part time staff. In addition there are 3 part time staff employed for deliveries.
Other information
- Financing available:
- Please call Nationwide Businesses who will be pleased to help you with finance