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(REF: R1425)  Licensed Restaurant
 
Seller Reference: R1425
B4S Reference: 20637
Asking Price: £49,950
Net Profit: Undisclosed
Sales Revenue: £208,000
Number of Staff: 2
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Dorset, South West England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Chinese cuisine since November, 2003, which could obviously be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

ATTRACTIVE DOUBLE FRONTED RESTAURANT with ceramic tiled floor, wall and ceiling lighting. Tables and chairs providing for 65 persons. Bar with 1 hand pump, sink, glass washer, small fridge.

Fully tiled ladies and gentlemens cloakrooms

Level kitchen with non-slip floor. The equipment includes stainless steel extractor unit, 8-burner Chinese cooker, rice cooker, microwave oven, walk-in coldroom, 1 upright deep freeze, double sink and drainer etc.

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease from a private landlord for a period of 21 years from June, 2003 at a rental of £16,000 p.a. exclusive of rates up to June, 2012, with rent review at that time and thereafter every 3 years.

Uniform Busines Rates: £4,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILLM, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Small yard suitable for rubbish bins
 
  Location: Situated in a parade, main road trading position, DORSET
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  6 evenings per week Tuesday - Sunday inclusive - 5.30 p.m. - 10 p.m.
CLOSED MONDAY EVENING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.
  Summary of Staffing   
  The Restaurant is at present operated by a husband and wife team with the assistance of 2 full time chefs plus part time staff at weekends.





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