| (REF: R2288) Licensed Chinese Restaurant |
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| Seller Reference: |
R2288 |
| B4S Reference: |
27021 |
| Asking Price: |
£75,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£182,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED RESTAURANT with tiled floor. Tables and chairs providing seating for 72 persons (can be increased to accommodate approx. 90 persons). Bar with sink, optics.
LEVEL KITCHEN with non-slip floor. The equipment includes 7-burner Chinese cooker, 1 microwave oven, stainless steel tables, 2 stainless steel fridges, 2 additional fridges, walk-in coldroom, chester deep freeze, double sink and drainer, dishwasher etc.
Fully tiled ladies cloakroom with w.c. and wash hand basin Fully tiled gentlemens cloakroom with 2 w.cs, wash hand basin
WE ARE INFORMED the turnover averages £3,500/£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, the present lease having approximately 20 years unexpired at a current rental of £17,500 p.a. exclusive of rates with rent revisions.
Uniform Business Rates: £3,250 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Small yard at rear (for bins) |
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Location: |
Situated in a parade, busy road, close to tube station, LONDON, N |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Saturday inclusive - 6 p.m. - 11.30 p.m. Sunday opening - 1 p.m. - 11.30 p.m. |
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The business is at present operated by the owners with 3 chefs plus 2 additional staff in the restaurant area. |
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