SPACIOUS OLD ESTABLISHED LICENSED CHINESE RESTAURANT
Price:
Leasehold - £120,000
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED RESTAURANT with Amtico floor, ceiling with inset lighting. 3 air conditioning units. Tables and chairs providing seating for 60 persons. Bar with mirror-backed shelving, sink, ice machine.
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
LARGE LEVEL KITCHEN with non-slip floor. The equipment includes 9-burner Chinese cooker, 4 stainless steel tables, 2 3-door stainless steel counter fridges, 1 double door stainless steel fridge, 4 chest deep freezes, double sink and drainer, wash hand basin etc.
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover currently averages £5,000 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease, the present lease having 10 years unexpired from December, 2010 at a current rental of £15,250 p.a. exclusive of rates up to December, 2015. (It should be noted that there was a rent review in December, 2010, but we understand the landlords have not requested any increase in rent at the present time).
Uniform Business Rates: £4,300 p.a. approx.
THIS OLD ESTABLISHED LICENSED CHINESE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS 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 £120,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, main road trading position, residential area, MIDDLESEX
Monday - Thursday inclusive - 5 p.m. - 11 p.m. Friday, Saturday & Sunday - 12 noon - 2 p.m. & 5 p
Shared yard at rear Storeshed
North Yorkshire
£ 750,000
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