Takeaway for sale

Charles Street, Chester, Cheshire, CH2

90 sq. m. | £295,000

Property Description

Commercial information

  • Business for sale
  • 968 sq ft (90 sq m)

Key features

  • REF 12465
  • FREEHOLD
  • LEASEHOLD OPTION AVAILABLE 70,000 + SAV
  • TAKEAWAY BUSINESS

Full description

Tenure: Freehold

LOCATION
China Garden occupies substantial two storey premises, ideally located within the suburb of Hoole in Chester, Cheshire. The business is situated within a parade of complimentary shops and businesses, therefore, benefiting from a very high volume of footfall and passing trade. The takeaway further benefits from on-street parking facilities to the front of the premises.

Chester is a walled city in Cheshire, on the River Dee, close to the border with Wales. According to the 2011 census, the city had a residential population of 329,608. Chester is one of the best preserved walled cities in Britain. It has a number of medieval buildings, although some of the black and white buildings within the city centre are Victorian restorations. One of Chester's most unique features are the two-tiered rows. The shops or dwellings on the ground floor are often lower than the street and are entered by steps.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. Chester railway station is less than half a mile away. The area is also well served by the A-roads, with the A56 being within easy driving distance, which links to the national A-road and motorway networks. Ellesmere Port is approximately 7 miles away and Wrexham is 17 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well established and busy takeaway business, which is ideally located within the city of Chester, Cheshire.

The business was established by our client in 1996 and is only now being offered to the market due to our client's family commitments. The business operates 6 evenings per week and generates a turnover in the region of 83,000 per annum, with a gross profit of approximately 69% as of 2016 accounts.

Our client offers a wide variety of Peking and Cantonese dishes including Sweet & Sour dishes, Chop Suey dishes, Foo Yung dishes, Chow Mein dishes and Prawn dishes, to name a few. The business does operate a delivery service within the area, which has proven to be very popular. The property boasts approximately 63 sq. metres and is very well fitted out to suit the trade.

The takeaway business is situated on the ground floor with the main service area and a commercial kitchen. The first floor offers a further three rooms, which are currently used for storage, but could be converted to owners' living accommodation or rented out to generate further income.

The business has built up an enviable reputation within the area for the very high quality of the food and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering a lunchtime service. A new owner could also embark on a modest marketing campaign to highlight the excellent fayre and services offered. The business would further benefit from the launch of a website to promote the business, which could incorporate online ordering facilities.

This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial two storey premises in an ideal trading location, briefly comprising:

Ground floor:

Large service area.
Serve over counter with electronic cash register and credit/debit card terminal.
Tiled walls and flooring.
Waiting area.
Archway leading to rear kitchen.

Kitchen equipment:

Large gas range with oven and hob.
Extractor fan.
Deep fat fryer.
Gas oven.
Stainless steel sink unit.
Large five ring wok hob.
3 x chest freezers
Central stainless steel preparation island.

Small storage room.
Preparation room with stainless steel sink unit, stainless steel preparation table and 2 x chest freezers.
Door leading to rear yard.

First floor:

3 x rooms which are currently used for stock, but could be converted into living accommodation, consisting of 2 x double bedrooms and a bathroom with bath, WC and wash hand basin.

External:

The property is well signed.

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday: Closed
Tuesday - Saturday: 5.30pm - 11.00pm
Sunday: 5.30pm - 10.00pm

STAFF
The business is owner run and managed with 2 x staff members and part-time delivery drivers.

FINANCIAL PROFILE
The business generates a turnover in the region of 83,000 per annum, with a gross profit of approximately 69% as of 2016 accounts.


Nearest stations

  • Chester (0.2 mi)
  • Bache (1.0 mi)
  • Capenhurst (5.1 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 299002 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

  • Chester (0.2 mi)
  • Bache (1.0 mi)
  • Capenhurst (5.1 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 299002 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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