Ref 7052 – Leasehold Established Asian Takeaway
Blacks Brokers are pleased to bring to the market this leasehold Asian takeaway located within Market Walk, Peacocks Centre, Woking.
Q's Spice was established by our client in this bustling shopping area in 2015. The business offers a range of freshly prepared Asian foods. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Trip Advisor.
Q's Spice occupies a prominent trading position between two busy shopping centres in Woking. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Primark, Sainsburys and many more. The area is well linked by the M25 and A3 with very strong public transport links and parking is available in the surrounding area.
The business is ideally suited to a hands-on owner-operator but due to our client now wanting to retire, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2015 at a cost of £196 per week.
The business operates with our client only in full time employment.
Q's Spice has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £78,000. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This well established business occupies an enviable trading position in a bustling area of Woking. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of a new menu and strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £19,950.
Please quote ref: 7052