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Freehold Chinese Takeaway With Accommodation Lancaster Lancashire Business For Sale

Lancaster, Lancashire
Asking Price:
£280,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Freehold Chinese Takeaway Business for sale - £ 280,000

• Established for over 50 years.
• Prime location close to the centre of Lancaster.
• Popular student area with 4000+ new apartments also being built in the vicinity.
• Substantial 3 storey freehold premises with 3 bedroom accommodation.
• Retirement sale – same owner since 2001.
• Opening Hours Sunday to Thursday 5pm to 10.30pm, Friday and Saturday 5pm to 11pm.
• Scope to significantly increase opening hours.
• Delivers to a 2 mile radius – could extend to include Caton and Morecambe.
• No pre-active marketing or social media.

Aspire ( Business and Company Sales Specialists ) are delighted to offer for sale this highly sought after freehold Chinese Takeaway business, located close to the centre of the thriving University City of Lancaster in Lancashire. The business occupies substantial three storey freehold premises with spacious 3 bedroom living accommodation on the first and second floors. It benefits from a wide frontage, with prominent signage and ample free car parking facilities in the vicinity. This an ideal trading position, being within a popular residential area with the added benefit of numerous students from Lancaster University – regarded as one of the Top 10 universities in the UK and undergoing rapid increases in student numbers. In addition, it has a Public House next door, has a bus stop outside, is opposite a Chemist and is close to the hospital, primary school and grammar school generating a high daily footfall and much passing trade. The ongoing potential of this trading location is set to significantly grow as there are over 4000 new apartments being built in the area as well as several new housing estates. The area is easily accessible from the M6 Motorway, is on the main West Coast Railway Line and Lancaster City Centre is also within short walking distance.

The Chinese Takeaway business has been established for over 50 years and is arguably in one of the best trading locations for this type of business in Lancaster. It has been under the same ownership since 2001 and has only been placed on the market now due to retirement. The takeaway currently trades in the evenings only offering a classic Chinese based menu. There remains infinite scope to develop the business further by opening at lunchtimes or during the day. Alternatively, a wider menu choice could be provided such as traditional fish and chips, pizza or kebabs. There is no pro-active marketing carried out so promotions such as social media, apps and widening the delivery radius from 2 to 3 miles, offer further potential. This is a particularly attractive purchase as the business operates from the ground floor with spacious 3 bedroom accommodation situated over the first and second floors.

3 Storey Freehold premises with basement briefly comprising of:-
Ground floor.
Main customer entrance.
Open plan waiting area.
Wide sales counter with electronic cash register and digital print out reader.
2 x fridges, 1 x freezer.

Commercial Kitchen;
stainless steel 4 wok cooker, large stainless steel air extraction system, 4 burner gas hob,
hand sink, stainless steel shelving and stainless cladding on walls,
commercial grade flooring throughout.

Rear Preparation Area;
double commercial sink, upright fridge.
Rear exit door and side delivery access.
Internal stone steps to Basement Storage Area;
Open plan, concrete flooring, various freezers.

External Yard.
Enclosed and secure.
Additional storage room, bin store,
Single storey Storage Building;
Walk-in Fridge / Freezer Room.
Store Room with washing machine, shelving / racking, wipe down walls.

Internal stairway to First Floor:
Landing,
Shower Room with walk-in shower, WC, hand basin,
Living Room,
Single bedroom.

Internal stairway to Second Floor;
Double bedroom,
Double bedroom,
( + fixed stairs to open plan loft / attic room ).

This is a unique opportunity to purchase such a well-established, freehold Chinese Takeaway business offering infinite scope to develop turnover further in such a highly desirable trading location within Lancaster. Early discussions with Aspire, in confidence, must come highly recommended.
Aspire Ref. 2008.

Chinese Takeaway Lancaster business for sale.
Chinese Takeaway in Lancashire business for sale.
Potential fish and chip shop Lancashire business for sale.
Potential Pizza, Kebab takeaway Lancashire business for sale.

Property information

Property:

Freehold

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