Chinese Takeaway Shop in Portsmouth with 4-Bedroom Accommodation for £70K Lease Takeover
Portsmouth, Hampshire
- Status
FOR SALE
- Date Submitted:
24/02/23
- Advert ID
508956
- Leasehold: £70,000
- Rent: £13,000
- Turnover: £240,000 (£4,615 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Attractive Business
- Retirement Sale
- Unique Business
Business Details
Chinese takeaway shop in Portsmouth
Only £70,000 for take over of lease (still have 12 years to go).
A3 takeaway with upstairs big 4 bedrooms and a big toilet & shower room.
Big store/prepare room behind the kitchen and also with toilet / shower downstairs.
Also, have a small private kitchen on the back.
Big garden also with a big separate storeroom.
Two big Walk In fridges and a freezer with a light on it.
Also a brand new range of hood.
All the walls are firewall.
The business is located on a busy main road and is the food hub of the area, with public transport links nearby (busiest street of Portsmouth city Southsea - Albert Road). The business is growing rapidly and has a well-established customer profile with a good set-up.
Surrounding by many bars and supermarkets (very convenient).
Only £260 Weekly rent includes 4 bedrooms upstairs and A3 takeaway shop.
Reason for selling: family & health issues that need more time to rest
It can be Chinese/ Indian/ Turkish/ any fast food takeaway you want.
For further information pls message (seriously required only please).
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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.
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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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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.
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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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