Business details

Chinese restaurant takeaway for sale Ref: 448

Business Descriptions

Right Business are delighted to offer for sale this a3/a5 takeaway specialising in Chinese cuisine but would lend itself to be a small restaurant or alternative takeaway. The premises are in a highly populated residential area, on a thriving parade of shops in North London, which attracts people to the area with accessible street parking. Established as Chinese cuisine in 2008, which could obviously be continued & in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine.

 

* Recommended for early inspection

 

* Uniform business rates: £10,000 p.a. approx.

 

* Internal viewings are highly recommended through right business by appointment only.

Any persons wishing to discuss the sale or meet the vendors are requested to do so in confidentiality without disrupting the current business and its staff. Contact should be made via email info@rightbusinesses.co.uk or phone to our customer relations manager Mr Joseph on 07714615076 / 02078594515 advert ref: RB448

 

Please note: these particulars provide a general outline only. It is advised that prospective purchasers make their own enquiries. These details do not constitute any part of an offer or contract. All statements or details contained within these particulars are without any responsibility on any part, to right business. Right business charges a fee of £300 as admin fee from proposed buyer. A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the right business account.

Property Details

  • Size : TBC
  • Business Type : Restaurant
  • Established Year : 2008
  • Expiry Date :

Other Details

  • Competition : Yes
  • BusinessLocation : Situated in a parade, main road trading position in North London
  • Reason for Selling : Due to other commitment
  • Expansion Potential : Yes

Operation Details

  • Staff : At present operated by the vendor with the assistance of 2 chefs plus counter staff plus 3 drivers for deliveries.
  • Trading Hours :MON – SUN: - Mon – Thu: - Lunch: 12:00 2:30 & Dinner: 17:00 – 23:00 Friday & Saturday: - Lunch: 12:00 -15:00 & dinner: 17:30 – 23:30 Sunday: - dinner: 17:30 – 23:00

Seller's Info

  • Seller Name :
  • Email Id :
  • Contact :

Business Address

Chinese restaurant takeaway for sale Ref: 448
  • TurnOver :We are informed the turnover averages £12,000.00/£14,000.00 p.w. including takeaway & delivery, in our opinion offering further potential for development in the right hands.
  • Business Price :£230000.00
  • Tenure :We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired at a rental of £28,000.00 p.a. We understand from the present tenant that the landlord, subject to satisfactory references, is prepared to grant a new 15/20 years full repairing and insuring lease.
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