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Business for sale in United Kingdom - 8803s chinese takeaway lh 30000+sav chesterfield

Asking Price: 30,000 £ Real Estate: Lease
Business for sale – 8803s chinese takeaway l\h£30000+sav chesterfield
Sales Revenue: 0 £
Net Profit: 0 £
Year Established: 2006
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon

Business types:

Accommodation & Food services

Business categories:

Fast Food Restaurants

Business description

Advent Business Sales is pleased to offer to the market this well established Chinese takeaway which has been trading for the last 6 years. The current vendor has been in ownership for the last two years. The owner is reluctantly selling due to family commitments out of the area. The business offers both Chinese (Cantonese) food as well as a delicious selection of both Thai and Malaysian dishes, such as hot and sour crispy chicken with cashew nets and Malaysian king prawn in coconut sauce. The takeaway also offers a delivery service to customers who live up to 10 miles away. Although the present owners of the business also rent out the upstairs flat of 3 rooms and bathroom and separate w/c, all amenities have separated metres and can be rented with or without the business. The husband and wife team staff the business. Stock at cost is approximately 2,000. TRADING HOURS Mon, Wed, Thurs - Sat: 5.00pm 10.30pm Sun: 5.30pm 10.30pm Tues: Closed EXPANSION POTENTIAL A lot of extra business could be generated by restarting the large chip fryer and offering fish, chips, pies etc as well as Chinese, Thai and Malay foods. This, we observe, is an area requirement, particularly due to easy parking in this area. FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 1,000 Gross Profit: 70% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES Single fronted shop with full width counter . Behind are two 21 cu ft chest deep freezers, a fridge and a wet bain marie as well as a food warmer for holding take away deliveries. Kitchen to Rear comprising of a 6 wok cooker, a 6 burner commercial stove with double oven, 2 basket deep fat fryer, single basin sink, stainless steel prep tables are included with both under and over shelves. Dry store room, a cellar store room, staff w/c and a pot/pan wash room with stainless steel sink. Large store/food prep room and office area, this can be separated from the passage to the upstairs stairway. Flat To the left of the takeaway is a door leading to a passage and stairway (at present also a doorway to the food prep area) External Side entrance driveway exists to the rear of the building and the shop is paved to the roadway

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: family commitments
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Leasehold Original lease: 18 years Remaining lease: 16 years Review every: TBC Rent: £720 per month (takeaway) £340 per month (flat) We are advised that the annual business rates are currently: £847 (business) £800 (flat)
Location: LOCATION Our client is located in a small parade of shops of complimentary businesses, close to three primary schools and the town hospital. It is in a densely populated residential area of mixed residential stock. Chesterfield has a history going back many hundreds of years and has a high number of visitors both from abroad and home. Its international fame is achieved by its twisted spired church, which has to be seen to be believed. The town is well served by rail to the north and the capital, as well as a nearby links to the M1 at junction 29.

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