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Cantonese Chinese Take-Away in Torquay Devon with Great Potential for Sale

Torquay, Devon
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A Highly Successful Cantonese Chinese Take-Away For Sale Photo 1
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A Highly Successful Cantonese Chinese Take-Away For SaleA Highly Successful Cantonese Chinese Take-Away For SaleA Highly Successful Cantonese Chinese Take-Away For SaleA Highly Successful Cantonese Chinese Take-Away For SaleA Highly Successful Cantonese Chinese Take-Away For SaleA Highly Successful Cantonese Chinese Take-Away For SaleA Highly Successful Cantonese Chinese Take-Away For SaleA Highly Successful Cantonese Chinese Take-Away For SaleA Highly Successful Cantonese Chinese Take-Away For Sale
  • Status

    FOR SALE

  • Date Submitted:

    19/03/24

  • Advert ID

    608459

  • Reference

    UptonCantonese / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £120,000
  • Rent: £15,000
  • Turnover: On request
  • Net Profit: On request

Business Details

A Highly Successful Cantonese Chinese Take Away For Sale

A much liked and highly successful Cantonese Chinese take-away for sale, in the heart of a densely populated area of Torquay, Devon. This fantastic opportunity would allow for someone to enjoy the income stream our client has done for many years. A full handover/training will be provided to ensure a smooth hand over and continued success. The premises is well equipped with quality equipment and plenty of space to work & expand within, several stores and parking to the rear. A new negotiable length lease will be made available and early viewings are highly recommended.

LOCATION

The property is in the all-year round, busy coastal resort of Torquay, Devon, with a high population which swells by many millions during the summer months.  Ideally situated in the heart of the city and close to the bus and main-line railway station, also benefitting from high passing trade.  The main beach, harbour and local restaurants are just a short level walk away through the pleasant gardens of Torre Abbey.  Torquay is probably the most popular seaside holiday destination in the UK at present and has excellent road links to the M5 motorway linking all parts of the UK. Nearby, is an international airport offering flights to European and worldwide destinations and not forgetting Dartmoor National park which is only a short drive away.

BUSINESS

The business has been operating successfully for many years, which has allowed the owner to expand into a property portfolio and after many years, is now looking to retire.  Only operating 4 days per week because of lifestyle choice, there are many opportunities to expand on the existing turn over by opening more days, offering a wider choice of take-away products and taking advantage of the delivery apps, which are not being exploited. Actual trading accounts will only be made available following a successful formal viewing.

ACCOMMODATION COMPRISES
Entrance over a pavement to front and through a part glazed door to

Customer / Counter Servery Area

4.42m x 4.26m

A welcoming and clean reception area with L-shaped bench seating, tiled flooring and large windows to front. The customer counter is a bespoke high-level counter with 2 x epos tills with ‘Softabacus’ software installed which is fully owned and comprehensive and simple to use. To the rear of the staff counter area is an archway to

KITCHEN AREA 1

3.87m x 3.71m

This area is equipped with a 7-x pan water cooled wok range, 1 x twin floor standing deep fat fryer, 1 x six ring gas cooker and double width oven, 1 x walk-in refrigeration unit, 2 x stainless steel prep tables and 1 x stainless steel sink and drainer.

WASH-UP

2.77m x 2.41m

Ideally situated next to the kitchen and comprises of a newly installed wall mounted gas boiler, 2 x stainless steel tables, 1 x large stainless steel pot wash, 1 x stainless steel hand wash.

PREP ROOM
4.56m x 2.62m

A large room which is used for the everyday prep and benefits from 2 x rice cookers, 2 x rice warmers, 1 x four pot bain-marie, 2 x stainless steel prep tables, 1 x twin stainless steel sink and drainer. To one side of this large room is a staff table and chairs, microwave, fridge freezer and a large window to rear making this area bright and airy.

OUTSIDE (rear of premises)

TOILET

This is situated immediately to the rear of the back door and benefits from a WC and wash hand basin.

STORE

This brick-built building has been subdivided into two areas;

STORE 1

4.46m x 2.17

This is a dry store area.

STORE 2

4.51m x 1.56m

This area has 2 x chest freezers and stores all the packaging material.

BIN STORE

To the rear is a designated area for a larger commercial bin and several smaller bins.

PARKING (staff)

To the rear are wrought iron gates and private parking for 2 x vehicles.

PARKING (customers)

Immediately to the front of the shop is short term parking and plenty of additional parking on all the roads nearby.

BUSINESS WEBSITE

www.uptoncantonesetakeaway.co.uk

OPENING HOURS

MONDAY                  Closed

TUESDAY                   Closed

WEDNESDAY            Closed

THURSDAY                5pm - 9pm
FRIDAY                       5pm - 9pm
SATURDAY                5pm - 9pm
SUNDAY                    5pm - 9pm

FIXTURES AND FITTINGS:

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to the exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES

Main’s gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES

Please make inquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief and the owners’ accommodation is band A council tax).

TENURE

Leasehold - New negotiable Length lease available, rent £15,000 PA

VIEWINGS

All viewings and inquiries are to be made through the agents, Ware Commercial.

TEL. 01803 328880 or 01392 462266 Email. [email protected]

www.warecommercial.com

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Send a test amount before you consider handing over a large amount 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.

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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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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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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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The data showed regarding this advert 'A Highly Successful Cantonese Chinese Take Away For Sale - UptonCantonese / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.