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Old established CHINESE TAKEAWAY

Price:
Leasehold - £49,950
Turnover:
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Seller Ref:
R2663
Location:

London, South London

Business Type:

Food Service Businesses

See Other:
Other takeaways for sale in London
Chinese takeaways for sale in London
Fast food restaurants for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SUMMARY:

• PRICE (LEASEHOLD) £49,950
• SIZE 28.39(M²) / 305.6(Ft²)

• 6 DAYS OPENING
• GROSS PROFIT 65%
• TURNOVER £2,000p.w.


DESCRIPTION:

DOUBLE FRONTED, suspended ceiling with concealed lighting, sales counter, ceramic tiled floor.

• Kitchen (Part Open plan), gas cooker (7-burner), stainless steel extractor unit, 2 x fridge, 2 x freezer (Chest), work surfaces (stainless steel), microwave, deep fryer (2 pan).
• Toilet with w.c. and wash hand basin. (Staff).
• Stock room / Store room.

We have not had sight of the account but WE ARE INFORMED by the vendor :

• Turnover averages £2,000 p.w.
• Gross profit 65% approx.


We have not had sight of the lease but WE UNDERSTAND FROM THE VENDOR that the premises are held on a lease from the private landlord:

• Lease granted for 16 years in 1999
• Reviews every 4 years (next review 2015)
• RENT £14,500 p.a.

THE VENDOR HAS ADVISED THAT:

• BUSINESS RATES from APRIL 2011 payable: £1,000 (Please contact local council to confirm)
• WATER RATES (METERED).

THE BUSINESS IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S ILL HEALTH.

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS
£49,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

N.B. The purchaser is to be responsible for the Landlord solicitors costs.

Location Details:
Situated in a Parade, excellent main road trading position, residential, office and commercial area, S.E. LONDON.
Trading Hours:
6 Day week (Tuesday - Sunday) 5pm - 11pm
Accommodation:
THE SELF CONTAINED ACCOMMODATION entrance via the shop to Flat with Gas Fired Central Heating, Single-glazed windows in good condition over 1 floor:

• Bedroom.
• Lounge.
• Kitchen.
• Bathroom with bath, w.c. and wash hand basin.

Rear garden with lawn & Garage
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