Fish & Chip Shops for sale in Warwickshire

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Chinese Restaurant For Sale in Warwickshire

Warwickshire, England

  • Leasehold Price: £125,000  Price Reduced arrow_drop_down
Seller Reference: WAR0275
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: WAR0275
Request Details
Business Description
WARWICKSHIRE, LEAMINGTON SPA. TRADITIONAL WELL ESTABLISHED LICENSED 70 SEATER CHINESE RESTAURANT, TAKEAWAY AND DELIVERY BUSINESS, QUALITY INVENTORY, WELL ESTABLISHED TOWN CENTRE LOCATION IN HEART OF STUDENT LAND, 5 BEDROOM ACCOMMODATION ABOVE.

TAKINGS: We are advised that average weekly takings amount to £8,500 of which approximately 40% is due to takeaway and local delivery. All achieved from a comprehensive oriental cuisine menu.

TENURE: We understand that 8 years remain on the existing lease at a rental of £32,000 per annum.

TRADING HOURS: Monday, 12.00 mid-day - 2.00p.m and 5.00p.m - 10.00p.m. Tuesday, closed. Wednesday, Sunday 12.00 mid-day - 2.00p.m and 5.00p.m. - 10.00p.m,.

ACCOMODATION: Above the restaurant and completely self contained is a flat comprising 4 double & 1 single bedrooms, 2 bathrooms, kitchen/breakfast room. The accommodation has the benefit of gas fired central heating. It is ideal for a family home or individual room letting for additional income.

BUSINESS PREMISES: A prominent older style 3 storey corner located restaurant premises having a full rendered elevation with painted signage. Solid door leads to entrance porch and then to an attractive restaurant set in an Oriental style with a 'L' shaped timber fronted bar servery having mirror backed tiles, optics, wine coolers and fitted draught beer dispense. Main restaurant area has quality tiled floor, part timber walls, subdued wall and ceiling lighting with comfortable seating for 70 patrons at matching tables and chairs with an adjacent function/private dining room. Access to customer washroom facilities, door to fully fitted Chinese kitchen, separate preparation room, large useful store and rear access to side road.

EQUIPMENT: Comprehensive trade equipment includes fitted bar servery and takeaway section, wine racks and coolers, optics, beer dispense unit, computerised cash register, walk-in fridge, 4 chest freezers, 2 microwaves, 6 wok Chinese fryer, deep fat fryer, a variety of useful stainless steel preparation tables and kitchen utensils.

TRADING POSITION: Monday, 12.00 mid-day - 2.00p.m and 5.00p.m - 10.00p.m. Tuesday, closed. Wednesday, Sunday 12.00 mid-day - 2.00p.m and 5.00p.m. - 10.00p.m,.

SPECIAL REMARKS: Traditional Chinese restaurant, takeaway and delivery run by our clients since 2008 who now wishes to move on to other business interests. There is no doubt the exterior needs an upgrade but the interior offers a pleasant ambience. An excellent opportunity to acquire this profitable well located concern.

PRICE: £125,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Tenure:
Leasehold
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