Chinese Takeaways for sale in Plaistow

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 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
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Leasehold Price: £99,900 Annual Turnover: £260,000
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Business Description
ORE are delighted to offer this Pizza Takeaway franchise located in a student dominated area and has been established for over 5 years. We have been advised by the vendors are currently taking in the region of £5,000 per week. Vendor is looking for a premium in the region of £99,900 for leasehold interests and business goodwill. With right ideas and expertise business probably would do very well in the right hands. A must see.

Ref: A740

Tenure
Leasehold

Property Description
The premises consists of front retail and cooking area with well defined and branded service counter followed by storage and preparation area. At the rear of the property there boasts a kitchen catered for Chinese cuisine followed by two further storage areas.

The business benefits from two overhead flues, conveyor oven, 5.39m3 cold storage room, waterflow wok cooker, fridge and freezer units and other ancillary kitchen utensils and necessities.

Location & Surroundings
The property is located very close to Barking Road which benefits from fantastic transport links via buses and private transport. The business is very close to Newham College where a considerable amount of footfall passes in front of the premises.

The surrounding areas are built up with a dense residential property which results in a high demand for local trade. The takeaway is surrounded by local businesses include hair salons, estate agents, grocers, and local pubs.

Business Description & Takings
The business currently caters for pizza and Chinese cuisine and benefits from a strong student following with the local college within only a few minutes’ walk.
Oakville Real Estates have been advised that the current taking of the business is currently around £5,000pw (unverified).

Opening Times
Currently the opening times are Monday to Sunday 12:00 to 00:00.

Lease Terms
New lease will be granted for any incoming tenants. Currently the tenants are paying £10,000 rent per annum. Ingoing tenants are urged to verify the rates through the local authority.

Premium
The asking premium for the goodwill of the business and benefit of a new lease is £99,900.

Legal Costs
Ingoing tenant to pay reasonable Landlords’ legal costs.

Viewings Arrangements
Viewings highly recommended. If you are interested in viewing this property please contact your agent at ORE on 02084729090.
Trading Hours:


Currently the opening times are Monday to Sunday 12:00 to 00:00.


Tenure: Leasehold

Location Details:

The property is located very close to Barking Road which benefits from fantastic transport links via buses and private transport. The business is very close to Newham College where a considerable amount of footfall passes in front of the premises.

The surrounding areas are built up with a dense residential property which results in a high demand for local trade. The takeaway is surrounded by local businesses include hair salons, estate agents, grocers, and local pubs.

Leasehold Term:

New lease will be granted for any incoming tenants. Currently the tenants are paying £10,000 rent per annum. Ingoing tenants are urged to verify the rates through the local authority.

Downloadable Documents

Listed by: Oakville Real Estates
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AAA740
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