Restaurants for sale in Rawtenstall

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Freehold Chinese Restaurant & Accomm, Rossendale

Rawtenstall, Lancashire, England

  • Freehold Price: £699,995
  • Annual Turnover: £60,459
  • Annual Gross Profit: £49,576
Seller Reference: 6668
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Business Description
 
 
 
 
 
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Seller Reference: 6668
Request Details
Business Description
Main Road Trading Position
Annual Turnover £60,459
Gross Profit £49,576
Currently Closed Mon, Tues & Weds
Seating For 65 - Potential For 120
Scope To Introduce Deliveries
7 Bedroom Accommodation - Free Parking
Planning Permission For Residential Conversion Granted
Fantastic Online Reviews
5* Food Hygiene Rating
EPC - C
REF 6668 – Freehold Chinese Restaurant & Accommodation

Blacks Brokers are pleased to bring to the market this freehold Chinese restaurant & accommodation located in a busy area of Haslingden, Lancashire.

INTRODUCTION

Sun Dragon Restaurant and Takeaway has been trading on Blackburn Road since 2001. Our client established the business to meet local demand for a quality Chinese eatery in this busy residential area. The restaurant is well known and has a good reputation in the area with a large base of regular customers and excellent reviews noted on Google and Trip Advisor.

LOCATION

The business is positioned on a busy main road close to a number of residential properties and a large branch of Winfields and McDonalds. The area is well linked by the M66 with good public transport links and free parking in the immediate vicinity. Haslingden town centre is close by with good access to Rawtenstall, Ramsbottom and Accrington.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business is currently operating with our client and partner working on a full time basis.

FINANCIAL DETAILS

Sun Dragon Restaurant and Takeaway has traded well during an impressive trading history. We are advised that the business currently has annual turnover of £60,459 with gross profit of £49,576. Full financial details are available upon viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This freehold business occupies a superb trading position on a busy main road and benefits from a large car park. There is plenty of scope to develop the business further with some modernisation, an increase of covers to around 120 and potentially the introduction of a drive through area which there is plenty of space for. New opening hours would also be beneficial with a team of staff to accommodate this and a delivery service in this area is in high demand. This business proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Planning permission has been granted to build four three-bedroomed semi-detached houses, so this proposition may also be of great interest to a property developer. Early viewings are very strongly advised. Fixtures:
Stainless Steel Worktops

5 Chest Freezers

Double Fryer

4 Wok Burner

6 Ring Cooker

Microwave

Rice Cooker x 2

Double Sink x 2

Williams Commercial Double Fridge x 2

Warm Plate Heater

7 Tables

Bar - 1 pump

Coolers x 2
Trading hours:
MON - WED: CLOSED
THU: 17:00 - 22:00
FRI: 12:00 - 13:00 / 17:00 - 22:00
SAT: 17:00 - 22:00
SUN: 17:00 - 21:00
Tenure:
Freehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Sun Dragon Restaurant and Takeaway operates from the ground floor of a spacious, detached property with large car park to the front – this has space for around twenty cars. The business has signage displayed above the main entrance area. Inside, the main dining area offers seating for up to sixty five and is presented traditionally with carpeted flooring throughout. The servery and bar is positioned to the rear with comfortable seating area and fully equipped kitchen behind. The kitchen is well equipped with stainless steel worktops, wok burners, double fryer, rice cookers and much more. There are also toilet facilities, a preparation area, two store rooms, utility area, pump room and a private function room.

The accommodation is positioned within the first floor. This comprises of six bedrooms, two bathrooms and a lounge. Ther is space for a new kitchen to be fitted to make the accommodation self contained.

Location Details:
Rawtenstall
Listed by:
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