Fast Food Restaurants for sale in Hertfordshire

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Ian McGregor (Nov 2013)
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Leasehold Price: £140,000 Weekly Turnover: £5,500
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Business Description

The Restaurant is trading as Chinese cuisine & has been in the same hands for the past 30 years & is now solely offered for sale due to the vendors retirement.

IMPRESSIVE & SPACIOUS LICENSED RESTAURANT. Quality woodstrip floor, ceiling with inset spotlighting. 3 air conditioning/heating units. Tables & chairs providing seating for 100 persons (can be increased, if desired). BAR, hand pump, 1 glass fronted counter fridge, 2 computers for ordering, upright glass fronted wine fridge etc.

RECEPTION AREA with hot cabinet for plates, buffet hot cabinet

Ladies' cloakroom with w.c. wash hand basin, electric hand dryer
Gentlemen's cloakroom with 2 urinals, w.c. & wash hand basin

LEVEL KITCHEN with quarry tiled floor, stainless steel extractor, 9-burner Chinese cooker, 1 large stainless steel fridge, 3-door stainless steel counter fridge, walk-in deep freezer, deep freezer for ice, ice cream deep freezer, hotwater boiler, 4 sinks.

Turnover : £5,500/£6,500 p.w. in our opinion offering tremendous potential for further development in the right hands.

Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Monday - Thursday inclusive - 12 noon - 2.30 p.m. & 5.30 p.m. - 11.30 p.m.
Friday, Saturday & Sunday - 12 noon - 2.30 p.m. & 5.30 p.m. - 12 midnight

Number of Employees:

The business is at present operated by the vendor on a very part time basis & mainly operated under management. Staff employed 2 full time & 2 part time chefs. Restaurant area 1 full time waiter plus 3 part waitresses.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Number of bedrooms: 4

Accommodation Details:

The accommodation comprising 3 sets of living accommodation all recently newly refurbished & modernised at considerable expense comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Fully fitted kitchen/living room

FLAT NO. 2 comprising a studio flat
Living room/bedroom
Shower room with shower, w.c. & wash hand basin
Fitted kitchen

FLAT NO. 3 comprises
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large lounge
Fully fitted kitchen

It should be emphazised that all the flats are newly fitted to a very high standard. Should the accommodation not be required it could obviously be let to provide a rental income against the overall rental payable.

Location Details: Sought after trading position, HERTFORDSHIRE

Listed by: Nationwide Businesses Ltd
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