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SPACIOUS RESTAURANT

Price:
Leasehold - £79,500
Turnover:
Register to view
Seller Ref:
R3199
Location:

Surrey

Business Type:

Food Service Businesses

See Other:
Chinese takeaways for sale in Surrey
Fast food restaurants for sale in Surrey
Other takeaways for sale in Surrey
Chinese restaurants for sale in Surrey
Restaurants for sale in Surrey
Food service businesses for sale in Surrey
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Trading as Chinese cuisine since April, 2011 previously well established as Italian cuisine. Obviously the present Chinese cuisine could be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Full On & Off Licence for the sale of wines, beers and spirits

Space for 2 tables and 4 chairs in front of restaurant

IMPRESSIVE & SPACIOUS RESTAURANT (can be open front - weather permitting). Air conditioning. 5 ceiling fans. Ceramic tiled floor. Tables and chairs providing seating for 100 persons. Bar with 2 hand pumps, 2 3-door glass fronted counter fridges, 2 double door counter fridges, coffee machine, coffee grinder, electronic cash register, glasswasher, ice maker plus sink.

Ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin

LARGE LEVEL KITCHEN with tiled floor. The equipment includes 7-burner Chinese cooker, 2 4-burner gas cookers, 1 double deep fryer, stainless steel tables, double sink and drainer, dishwasher (not utilized at present), 1 upright deep freeze, 3 chest deep freezes, walk-in cold room etc.

WE ARE INFORMED the turnover averages £5,000 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable full repairing and insuring lease for a period of 20 years from April, 2011 at a rental of £26,500 p.a. exclusive of rates up to April, 2015, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £11,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, SURREY/MIDDLESEX BORDERS
Trading Hours:
Monday - Saturday inclusive - 12 noon - 2.30 p.m. & 5.30 p.m. - 11 p.m.
Sunday opening - 11 a.m.
Accommodation:
Yard at rear with new store shed
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