Property Information
Address:
New Oriental City, Northenden Road
, M33 2HS
Price: Property no longer available.
Size: 775 sq ft72 sqm
Primary Category: Businesses For Sale
All Categories:
Leisure, Restaurant, Businesses For Sale,
Property Ref/Movehut: MH571790
Property Ref/Agent: 00000657
*Please use the agent ref when calling the agent directly.
Property description
TAKEAWAY BUSINESS FOR SALE
THE LOCATION
Oriental City occupies a ground floor premises, on the very busy Northenden Road in Sale Moor Village, just outside of Sale Town Centre. It is surrounded by a variety of other shops and businesses, therefore benefiting from a high volume of passing trade, as well as on street parking in front of the premises and a large car park close by.
The area close by to the business benefits from being highly residential and is well served by public transport, with several bus stops within close proximity.
THE BUSINESS
A well-established and busy Chinese takeaway, offering a large and varied menu that includes set meals, desserts, sweets and vegetarian options, as well as the traditional Chinese starters and mains.
The business has built up a good reputation within the area, which as a result means there is a high volume of repeat trade and word of mouth recommendations. There is, however, potential to increase the turnover with marketing campaigns and by creating a social media presence, in order to reach out to more customers.
PREMISES
Ground floor premises in an ideal trading location, with an overall size of approximately 72 square meters and briefly comprising:
Lower ground floor:
Two large rooms for storage and preparation, with shelving and freezer units.
Ground floor:
Customer serving and waiting area to the front.
Kitchen area to the rear, which has commercial cooking equipment fitted.
Equipment included:
We have been advised that all cooking, preparation and storage equipment will be included within the sale.
TENURE
We are advised Leasehold:
Original lease length: 21 years
Remaining lease length: 7 years
Review every: 3 years
Rent: £7,800 per annum.
FINANCIAL PROFILE
The business generates a turnover in the region of £59,000 per annum, with a gross profit of approximately £45,000.
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