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SPACIOUS LICENSED CHINESE BUFFET RESTAURANT

Price:
Leasehold - £84,000
Turnover:
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Seller Ref:
R2342
Location:

Middlesex

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in Middlesex
Chinese restaurants for sale in Middlesex
Restaurants for sale in Middlesex
Other takeaways for sale in Middlesex
Food service businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Total area we understand in the region of 2,500 sq. ft.

IMPRESSIVE GROUND FLOOR RESTAURANT with granite tiled floor, attractive tiled walls. Tables and chairs providing seating for 45 persons. Bar with 2 fridges, double sink and drainer etc.

Fully tiled ladies' and gentlemen's cloakrooms

Wide staircase to first floor providing ADDITIONAL RESTAURANT AREA with grantie tiled floor, attractive tiled walls. Tables and chairs providing seating for an additional 60 persons. Bar with wine fridge, double sink and drainer.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Stairs to second floor LARGE COMMERCIAL KITCHEN with dumb waiter to ground and first floor. The spacious kitchen has non-slip floor, tiled walls and is fully equipped including 14-burner Chinese cooker, double deep fryer, dishwasher, walk-in coldroom, 5 chest deep freezes etc.

Dry Goods Store

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

We understand the premises are held on a secure renewable lease, the present lease for a period of 25 years from September, 2004 at a rental of £44,500 p.a. exclusive of rates up to September, 2013, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £13,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £84,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a small parade, excellent main road trading position, adjoining large College and densely populated residential area, MIDDLESEX
Trading Hours:
Monday - Thursday inclusive - 12 noon - 2.15 p.m. & 5.30 p.m. - 9.30 p.m.
Friday, Saturday & Sund
Accommodation:
The SELF CONTAINED accommodation comprises:

2 Bedrooms
Bathroom with w.c. and wash hand basin

Allocated car parking for 1 car
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