Hong Kong Street Food Stall for Lease in Staines Food Court, Surrey
Staines upon Thames, Surrey
- Status
FOR SALE
- Date Submitted:
24/05/22
- Advert ID
295863
- Leasehold: £25,000
- Rent: £18,000
- Turnover: On request
- Net Profit: On request
Key Features
- Close to Local Amenities
- Adjacent to Multiple Retailers
- Potential for Alternative Use
- Fully Fitted
- Unique Business
- Small Business
- Accounts Available
- Town Centre location
- Open Plan Trading Area
- Owner Financed
- Prime Location
- Established Business
- Attractive Business
- Offers Invited
Business Details
Hong Kong (Chinese) street food leasehold catering for sale, located within a Oriental Food Court
This foos stall (3 metres squares) is located within the Staines food court which is in prime location on the High Street near the town central area, and within short walking distance to the main line train station (to London). It is a newly established catering business (8 months trading only), specialising in Hong Kong cafe styles selective street food and noodle with dining on site, as well as takeaway services (Just Eat, Deliveroo and Uber Eat).
The sale (£30,000) is for the leasehold of the business, which includes goodwill, fixtures and fittings and all equipment, but exclude the guarantee deposit (minimum £5000) for the lease of the premises from the landlord. Current trading hours are 12 noon to 10pm daily, with a six days trading week and a day off in midweek. There is a services charge (about £50 per day, for all communial cleaning, extra cold and dry storage, and car paking facility for all stall holders) payable to the landlord. All rent and services charges are payable in advance on a quarterly basis. The reamining lease is about six years plus three months left.
We have established a niche market with great potential for new energetic onwer management to take it to a higher level of trading, and we are hapy to offer traning opportunity to the new owner(s). The reasons behind the sale are personal health issues and a change of personal circumstances. Thus, the price is negotiable for a quick sale.
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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.
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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.
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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.
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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.
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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.'.
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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.
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