Takeaway for sale

Queen Street, Leeds, West Yorkshire, LS27

88 sq. m. | £56,990

Property Description

Commercial information

  • Business for sale
  • 947 sq ft (88 sq m)

Key features

  • REF: 12944
  • LEASEHOLD
  • TAKEAWAY
  • FAST FOOD

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market Chef`s Golden Cuisine. This popular takeaway was originally established in this location over 15 years ago. Our client then took over the business in 2010, who is now looking to sell the shop, due to the desire to focus on other business interests.

This is a typical takeaway that offers an excellent menu. They sell burgers, kebabs, pizzas, fried chicken, wraps, desserts, and curries. This is a popular takeaway that offers great quality products for competitive prices. The business sees a generous amount of footfall and passing trade, due to the close proximity to the town centre.

The business is currently generating a healthy turnover of around 104,000 per annum, with a gross profit of 60%. This is a good turnover, however, we feel this figure could be further increased. Our client currently runs the business and employs a chef and drivers; with a purchaser with a hands on approach the wage bills could be massively decreased.

The takeaway has a website which can take orders, this is linked to a phone system that takes orders if a member of staff isn't available to take the call. The delivery service is key to this business and is currently available to customers for free; there are extra charges for those customers ordering from further away.

The takeaway is also available on JustEat and Hungry House, these are order sites which are increasing in popularity. There are great reviews on these sites, this is great for attracting new custom.

This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.


LOCATION
Chef`s Golden Cuisine is located in Morley, Leeds, West Yorkshire.

Situated just out of the busy town centre of Morley, the shop is located on a retail parade. There are a variety of businesses in this area, such as a cake shop, restaurants, vehicle accessories store, beauty salon, hair salon, phone repairs and many more. This retail parade lines an arterial road that heads into the town centre.

On the other side of the road is a large park with bowling green, gardens, play area, skate park and a war memorial, this is popular with local residents; this attracts more footfall in the warmer summer months. Directly outside the property is an on street parking bay, there are also car parks around the town.

Surrounding the town is the M621, M62 and the A6110, these are great road connections, which connect to Manchester, Sheffield and Leeds. The town also benefits from great public transport, the closest train station is a short 15 minute walk away and there are several bus stops close by.

PREMISES
The front of the property it double fronted, this is well-presented with a clear sign and window stickers. The takeaway looks clean and welcoming.

On entrance is the waiting area, there are lit up menus from the ceiling. Behind the counter is the preparation area, this is equipped with stainless steel fixture and fittings.

Fully functional commercial kitchen with kebab cookers, pizza oven and deep fat fryers. There is a large cool room located behind the kitchen, near a washing up area. The kitchen is very clean and in full view of paying customers. All equipment is included in sale.

The stock room is located below the kitchen with access through the wash room and down a set of stairs. This is a large open plan basement with shelving. This area is also used for preparation, the room is very clean with plenty of space for more stock.

The property is secured with a CCTV system.

TENURE
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 10 years
Remaining lease length: 4 years as of 2016.
Rent: 11,284 per annum

HOURS
The business opening hours-

Monday: 5pm - 12am
Tuesday: 5pm - 12am
Wednesday: 5pm - 12am
Thursday: 5pm - 12am
Friday: 5pm - 12:45 am
Saturday: 5pm - 12:45am
Sunday: 5pm - 12am

STAFF
The business is run and managed by our client, with the help of 2 part time members of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of 104,000 per annum.
Gross profit 60%

Nearest stations

  • Morley (0.5 mi)
  • Cottingley (1.5 mi)
  • Batley (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Morley (0.5 mi)
  • Cottingley (1.5 mi)
  • Batley (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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