Well equipped LICENSED RESTAURANT
Price:
Leasehold - £49,950
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Since 1996 the Restaurant has been Chinese cuisine, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.
IMPRESSIVE & SPACIOUS RESTAURANT, all in very good condition. Front section with woodstrip floor. Rear section carpeted. 3 air conditioning units. Attractive ceiling with inset spotlighting. Tables and chairs providing seating for 68 persons (can be increased to accommodate 80 persons). Large Bar with sink, glass washer, ice maker, upright double door stainless steel fridge.
Large level kitchen with non-slip floor. Stainless steel cladding to walls, stainless steel extractor, mainly stainless steel equipment. 9-burner Chinese cooker, double deep fryer, 1 domestic microwave oven, walk-in coldroom, double sink and drainer, wash hand basin, stainless steel tables, 2 large chest deep freezes etc.
Storeroom with 3 small chest deep freezes
Stairs to first floor
Gentlemen's cloakroom with 2 urinals, w.c. 2 wash hand basins
Ladies' cloakroom with 2 w.c's, 2 wash hand basins
In addition, on the first floor are 2 rooms plus a bathroom with bath and wash hand basin. In our opinion this area could be used as small living accommodation if desired.
WE ARE INFORMED the turnover averages £4,000 - £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
We understand the premises are held on a secure renewable lease for a period of 20 years from 1996 at a current rental of £19,200 p.a. exclusive of rates up to August 2011, with rent at that time for the following 5 years, however, the present tenant does not anticipate any increase at the rent review.
Uniform Business Rates: £9,000 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1996 AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent trading position, SURREY
Monday - Saturday inclusive -
Lunchtime - 12 noon - 2.30 p.m.
Evenings Monday - Thursday inc
North Yorkshire
£ 750,000
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