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Well established CHINESE HOT FOOD TAKEAWAY & DELIVERY

Price:
Leasehold - £47,500
Freehold - £380,000
Turnover:
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Seller Ref:
R3197
Location:

Surrey

Business Type:

Food Service Businesses

See Other:
Chinese takeaways for sale in Surrey
Fast food restaurants for sale in Surrey
Other takeaways for sale in Surrey
Food service businesses for sale in Surrey
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the business has been in the same hands for the past 30 years and is now solely offered for sale due to retirement. Some years ago the premises were used as a Restaurant and in view of the spacious premises, in our opinion there is potential for the premises to be re-established as a Restaurant, if desired.

Service road in front of parade providing customer's free parking (restricted to 2 hours maximum during the day)

SPACIOUS SINGLE FRONTED PREMISES with ceramic tiled floor. 7 chairs for customers waiting. Counter with tiled front plus stainless steel top.

LARGE OPEN PLAN KITCHEN with quarry tiled floor, stainless steel extractor with stainless steel cladding to cooking area plus tiled walls, 4-pot bain marie, double deep fryer, 7-burner (Far East Europe) Chinese cooker (approx. 3 years old), upright double door stainless steel Fosters deep freeze, upright stainless steel fridge, chest deep freeze, sink and drainer, 3 stainless steel tables, stainless steel warming cupboard.

REAR ADDITIONAL KITCHEN area with quarry tiled floor, additional stainless steel extractor unit, steamer, additional 7-burner Chinese cooker, stainless steel table, 6-burner gas cooker.

Rear storeroom
Staff w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,000/£2,500 p.w. takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands.

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 £18,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (Alternatively should the self contained flat over not be required, the vendors are prepared to grant, subject to satisfactory references, a new 15 years full repairing and insuring lease in respect of the ground floor premises at a rental of £12,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 30 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £380,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, SURREY
Trading Hours:
6 evenings per week - 5 p.m. - 11 p.m.
CLOSED MONDAY EVENING
Accommodation:
The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Service road at rear with parking space for 1 car
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