Longstanding Chinese & Fish & Chip Takeaway in Cumbria

Carlisle, Cumbria
REF: R06848

Asking Price:
£185,000
Annual Turnover:
£228,171
Annual Net Profit:
£63,506
REF: R06848

Overview

Tenure:
Leasehold
Established:
1977
  • Longstanding in community
  • Vast scope for growth through adding delivery
  • Option to buy the freehold for £299,950
  • Wide ranging menu
  • High financials
  • Upstairs apartment which could be rented out for additional income

Established in 1977, the business for sale is a reputable Chinese takeaway and fish & chip shop located in the east side of Carlisle, Cumbria.

The longstanding business is recognised for its traditional fish and chips, burgers, pies & sausages alongside authentic oriental cuisine.

The business is now for sale on a leasehold or freehold basis and includes rooms upstairs which could be transformed into an apartment, for additional rental income. There is also vast scope to increase the already high financials through implementing a delivery service or through featuring on Just Eat.

The Chinese takeaway operates from an end-terrace, single fronted property. Overhead there is signage, clearly displaying the brand name and meals prepared. Through the entrance, customers are instantly greeted to the main service area. There is a large counter/fryers directly in front. To the side, there is a large menu, displaying the vast food options. There is also shelving, behind the counter, displaying the canned drinks and adjacent is the till. Behind this room is the kitchen, which is very spacious and contains all the necessary & contemporary catering equipment.

On the second floor, there are 3 rooms, all currently being used for storage, but have the potential to be transformed into an apartment, which could be rented out or utilised as owner accommodation.

Ideal for an experienced restaurant owner-operator, perhaps with a background in Chinese cuisine, a new owner could take steps to develop the business further.

Despite already performing exceptionally and reaching a turnover of £228,171, there is huge scope to increase financials, this would be primarily initiated through implementing a delivery service or partnering with Just Eat. Increased online marketing through social media and its website would enhance the business’s exposure to a wider range of customers.

The current owner is also willing to stay on for a short transitional period if needed.

Loading...
  • Busy residential area
  • New housing estate construction nearby
  • Situated on a main road
  • Close to complementary businesses
  • Free parking
Rent
TBC
Rates
TBC
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£