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Freehold Chinese Takeaway Located In Hayle For Sale

Hayle, Cornwall, UK
Asking Price:
£209,950 Furniture / Fixtures included
Turnover:
£120,000
Net Profit:
Undisclosed

Freehold Chinese Takeaway located in Hayle. Prominent town centre location. Established business. Three bedroom accommodation above.

Veritas Business Sales are delighted to offer for sale this respected Chinese Takeaway which is located in the Hayle. This takeaway has been operating for over 40 years and has been in the careful hands of the current owners for the past 23 years. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership the property has been kept in good order and there has been continual investment in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Sea Pearl Gardens is owner operated with the help of 1 full time and 1 part time members of staff and has an annual turnover of circa £120,000. They serve quality Chinese food and the property comes with 3 bedroom accommodation above.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Freehold

Living Accommodation:

Accommodation
Ground Floor
Lounge (3.3m x 3.9m) Bathroom (3.2m x 1.9m) with w/c, wash basin and bath with shower.
First Floor Hallway Bedroom 1 (1.8m x 3.4m) Bedroom 2 (3.1m x 1.5m) Bedroom 3 (4.2m x 3.6m)

Location:

This established Chinese Takeaway is located in the Cornish town of Hayle. Situated within a prominent and highly visible trading position on Market Square. Both Hayle and the harbour town of St Ives (4 miles) enjoy high levels footfall and tourism especially in summer months and produce above average levels of sunshine. St Ives was voted the best holiday destination by Coast magazine and is listed in TripAdvisor's top 10 European beaches.

Premises Details:

Ground Floor
Entrance & takeaway (4.0m x 3.1m) with customer seating area, serve over sales counter, electronic till and various shelves.
Kitchen (3.9m x 4.3m) comprising: rice cooker, single fryer (Valentine), 6 burner cooker (Falcon), stainless steel prep table, extraction canopy, stainless steel shelves, 3 burner Chinese cooker, upright stainless steel double door fridge (Foster), sink, sink with drainer, undercounter fridge (Hot Point) and chopping board on a stand. Prep area (2.4m x 5.3m) comprising: wash basin, various shelves, 2 x chest freezers (Miele), upright freezer (Arctica), and upright fridge (Tef-Cold).
Storeroom (1.5m x 2.5m).
Hallway (1.7m x 5.0m).

External Driveway with parking for (2).

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – closed
Tuesday – Sunday – 5:30pm – 10:30pm

Years established:
40 years

Other Information

Inventory / Stock value:
£2,500