| (REF: R3108) Spacious Licensed Restaurant |
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| Seller Reference: |
R3108 |
| B4S Reference: |
32064 |
| Asking Price: |
£200,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£286,000 |
| Number of Staff: |
5 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Surrey, South East England, United Kingdom |
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Nationwide are pleased to offer to the market : The business has been established as Chinese cuisine we understand for approximately 40 years and indeed has been in the same hands for the past 25 years and there are genuine reasons for sale.
LARGE CAR PARK AT REAR (Pay & Display up to 6 p.m. and free after 6 p.m)
SPACIOUS RESTAURANT carpeted, ceiling with spotlighting. 2 air conditioning units/heaters. Tables and chairs providing seating for 80 persons. ATTRACTIVE BAR automatic coffee machine, mirror-backed shelving, 2 glass fronted counter fridges, 1 single door fridge, glasswasher, ice machine, glass topped ice cream deep freeze.
Fully tiled ladies cloakroom with w.c. and wash hand basin
Fully tiled gentlemens cloakroom with urinal, w.c. and wash hand basin
LEVEL COMMERCIAL KITCHEN with quarry tiled floor, 11-burner Chinese cooker, 6-burner gas cooker, 3 stainless steel tables, double sink and drainer, wash hand basin, 1 fridge, 1 chest deep freeze, walk-in coldroom.
Dry Goods Store
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £5,500 p.w. including some takeaway and delivery. In our opinion the business offers tremendous potential for further development in the right hands.
We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £26,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £11,000 p.a. approx.
AS STATED THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £200,000 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: |
The accommodation in the form of a SELF CONTAINED MAISONETTE OVER is at present mainly utilized by staff and comprises:
5 Bedrooms (2 large doubles, 1 twin bedroom, 2 single bedrooms)
Shower room with shower, w.c. and wash hand basin
Small yard |
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Location: |
Situated in a parade, excellent main road trading position, sought after SURREY |
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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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12 noon - 2.30 p.m. & 6 p.m. - 12 midnight seven days per week |
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The restaurant is at present operated by the vendor with the assistance of 3 full time chefs, 1 kitchen porter, 1 full time waiter, 2 full time waitresses plus additional part time staff at weekends, when required. |
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