Well Fitted Take Away Business in Stockton For Sale Stockton, Cleveland, United Kingdom Advert ref: SA260NE Business description
Lakey & Co are delighted to offer For Sale this well fitted takeaway business in busy main road position. Situated on the main pub and takeaway circuit in Stockton with scope for any type of cuisine & longer hours. This business also offers a secure lease with low overheads.
Trading hours: Monday—Sunday: 5.30pm—12.30am. (We are informed by our client that he has in place the necessary licences enabling him to trade until 4.00am if so desired)
Property: Leasehold
Lease terms
The premises are to be made available by way of an assignment of the current lease at a rental of £10,000 per annum. The current lease expires in April 2023 with rent reviews every three years.
We are advised business rates payable are £1800 per annum.
Location
This Takeaway business is situated in a prime location on Yarm Lane in the centre of Stockton. The premises benefit from being located both on the main pub and takeaway circuit in Stockton and also close to town centre shops and offices.
Reasons for selling
Our client wishes to emmigrate.
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| | Financial details Asking price: £119,950
Sales revenue: < £200k
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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