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SOLD OR WITHDRAWN FROM THE MARKET
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Chinese Takeaway With 3 Bedrooms In Stretford

Stretford, Manchester
Leasehold Price:
£54,950
Status
SOLD / WITHDRAWN
Advert ID
226647
Reference
6453 / Rightbiz
    Busy Trading Location

    Projected Annual Turnover (2019/20) £145,600

    Projected Gross Profit (2019/20) £114,400

    5 Star Food Hygiene Rating

    Accounts Available After Viewing

    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

Description:
Ref – 6453– Chinese takeaway with 3 bedroom accommodation
Blacks Business 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 has a Projected Annual Turnover (2019/20) £145,600. with a Projected Gross Profit (2019/20) £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 & Fittings:
CCTV x2 Cameras Ð 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


Opening Hours:
Monday - 11:30am–1:45pm / 4:45–11pmTuesday - 11:30am–1:45pm / 4:45–11pmWednesday - 11:30am–1:45pm / 4:45–11pmThursday - 11:30am–1:45pm / 4:45–11pmFriday - 11:30am–1:45pm / 4:45pm–12amSaturday -11:30am–1:45pm / 4:45pm–12amSunday - 4:45pm –11pm


Weekly Rent:
£260 Per Week. Weekly Rent:
£260 Per Week.
Listing Details
Leasehold Price: £54,950
Tenure: Leasehold
Location: Stretford, Manchester
Sector: Sandwich Shops, Chinese Restaurants
Financials
Annual Turnover: £145,600
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6453 / Rightbiz

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