50-Year-Old Chinese Takeaway Business in North Watford, Hertfordshire for Sale
Undisclosed, Hertfordshire
- Status
FOR SALE
- Date Submitted:
18/09/21
- Advert ID
283068
- Leasehold: £70,000
- Rent: £17,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Prime Location
- Attractive Business
- High Turnover
- Small Business
- Established Business
- Offers Invited
- Fully Fitted
Business Details
Chinese Takeaway Restaurant for Sale in North Watford
Commercial Chinese takeaway business for sale / rent - in heart of North Watford, now available due to retiring owner.
We are a highly established and successful takeaway business that has been operating for almost 50 years. Due to the owners retiring, this business is now being made available to buy / rent.
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- Prime location, in area with heavy footfall
- Close to residential area, train station and commercial businesses
- Highly established business, with almost 50 years of operation
- Strong existing client base
- High weekly turnover with great potential for expansion
- All essential facilities included
- Storage room / pantry
- Backyard and gated rear entrance to the property available
- Staff toilet
- POS electronic ordering system
- Wi-Fi connectivity, able to install Just Eat / UberEats terminals, card payment machines
- Fully kitted kitchen with central island, adaptable to any cuisine / food business including:
- Full wok cooking range, with water cooling system
- four main burners and three small burners
- three freezers and four fridges for storage
- two deep fryers (1x gas powered,1x electric)
- Canopy ventilation system
- Water heating system for heating sauces and food
- Includes all cooking utensils (woks, pans, pots etc. )
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- Utilities and business rates not included
- Long term leasehold available to buy: three - 15 years (flexible and negotiable)
- 15 year leasehold asking price is £70,000 (negotiable)
- Also available to rent (price is flexible and negotiable)
Please contact Terry on his mobile at (available on request) if you are interested.
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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