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Restaurant for sale in Suffolk

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Buy a business in Suffolk

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Reference : R8332

Attractive Detached LICENSED CHINESE RESTAURANT

       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Excellent trading position, SUFFOLK (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering treendous potential for further increase in the right hands. Gross profit 65% approx.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

SPACIOUS DOUBLE FRONTED RESTAURANT with woodstrip floor. Tables and chairs providing seating for 60 persons. Bar.

Level kitchen, fully equipped including 7-burner Chinese cooker, stainless steel extractor unit, microwave oven, double sink and drainer, 2 stainless steel fridges, 1 additional fridge, 4 deep freezes etc.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Staff

The business is at present staff operated. Staff employed 1 full time manager, 5 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours

Monday - Thursday inclusive - 5 p.m. - 11 p.m.
Friday & Saturday - 5 p.m. - 12 midnight
Sunday opening - 1 p.m. - 11 p.m.

Accommodation

The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge

Outside

Garden at rear

Tenure

We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of £11,000 p.a. exclusive of rates, due for rent review at the present time, and thereafter after the following 4 years.

Uniform Business Rates: £1,700 p.a. approx. + water rates

THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

Reference : R8332

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Restaurant for sale
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Catering Businesses for sale include:
 A3 / A5 Premises
 
Bakery /Patisserie
 
Cafe for sale
 
Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
Hotels & B&B's
 
Pubs & Wine Bars
 Restaurants
 
Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

Retail Businesses for sale include:
 Bathroom / Kitchen
 Butchers for sale
 
Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
 Cycle Shops
 Discount Shops
 Dry Cleaners
 
Empty Premises
 Florist / Garden centre
 
Fruit & Greens shops
 
Gallery / Antique
 
General Stores
 Hair & Beauty
 
Hardware / DIY
 Investments
 
Newsagents
 Off Licence
 
Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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