Takeaways (Other) for sale in Manchester

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Chinese Takeaway With 3 Bedrooms In Stretford

Manchester, Greater Manchester, England

  • Leasehold Price: £59,000  Price Reduced arrow_drop_down
  • Annual Turnover: £145,600
  • Annual Gross Profit: £114,400
Seller Reference: 6453
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Business Description
 
 
 
 
 
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Seller Reference: 6453
Request Details
Business Description
Busy Trading Location
Annual Turnover £145,600
Gross Profit £114,400
6 Minutes From Old Trafford
Huge Potential In Delivery Service
3 Bedroom Living Accommodation
Family Run Business
Late License In Place
Free Parking To Front
EPC - D
Ref – 6453– Chinese takeaway with 3 bedroom accommodation

Blacks Brokers are pleased to bring to the market this leasehold Chinese takeaway with accommodation in the much sought after location of Stretford, Greater Manchester.

INTRODUCTION

Golden Apple has been trading on Davyhulme Road East with our client in ownership since 2011. The takeaway is exceptionally busy and well known, having gained a very large, repeat customer base. The business currently has no delivery service in place leaving a new owner to take full advantage of this. There is also huge potential to introduce a website as the business only currently has an online menu available.

LOCATION

Stretford is a town in Trafford, Greater Manchester. The business is close to Trafford Park railway station, Old Trafford Cricket Ground and Manchester United Football Ground. Golden Apple is well linked with the A56 and the A5145.

REASON FOR SALE

This opportunity is available due our client’s wish to relocate creating this superb opportunity for a new owner.

LEASE

The building is available on a FRI (Full Repair and Insure) lease which began in 2005 and is twenty one years in length. There is a rent review due in 2019 but it is important to note the rent has only increased by £10 over the last ten years. The landlord will be happy to negotiate a new lease with a new owner. The rent is currently £260 per week. The landlord has requested 6 months of rent upfront as a deposit.

BUILDING LAYOUT AND DESIGN

The business operates from a double fronted two storey property. Inside is the main takeaway area with a kitchen, dining room, potato storage room and a further store room. There is a living room on the ground floor with 3 double bedrooms and bathroom above which could be separated into a further lounge and two double bedrooms. The upstairs has no separate access. There is ample free parking to the front of the business.

STAFF

Golden Apple is a family ran business with no transferable staff upon sale. The business is currently ran by the two owners and their son.

FINANCIAL DETAILS

We are advised that Golden Apple achieves an annual turnover £145,600 with a gross profit of £114,400. Full financial information is available after a viewing

BUSINESS RATES

The business benefits from small business rates relief but does pay £180 per annum for a late license.

SUMMARY

This fantastic business is a superb opportunity for any new owner to take advantage of the already strong trading foundations. There is potential to increase the turnover with the introduction of a delivery service alongside online ordering systems such as Just eat and Uber-eats. A strong marketing drive from a new owner would also be beneficial. Early viewings are advised. Fixtures:
CCTV x2 Cameras – can set to phone

Drinks chiller

3 Chip pan ranges

1 Chinese cooker 3 range

3 Chest freezer

1 Fridge

2 Rice cooker

1 Double fryer

Stainless Steel extraction stsytem

4 Burn gas cooker

Stainless Steel x 5 prep table

Microwave

Chipper

Potato peeler

Large commercial freezer and small freezer
Trading hours:
Monday - 11:30am–1:45pm / 4:45–11pm Tuesday - 11:30am–1:45pm / 4:45–11pm Wednesday - 11:30am–1:45pm / 4:45–11pm Thursday - 11:30am–1:45pm / 4:45–11pm Friday - 11:30am–1:45pm / 4:45pm–12am Saturday -11:30am–1:45pm / 4:45pm–12am Sunday - 4:45pm –11pm
Tenure:
Leasehold
Location Details:
Stretford
Leasehold Term:
£260 Per Week
Listed by:
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