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WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Customer's car parking in front of parade.
Outstanding opportunity to acquire an attractive Restaurant at present Chinese cuisine, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired. We understand that the lease specifically states that the Restaurant is NOT to be Indian cuisine.
Front area with space for 2 tables with chairs to -
ATTRACTIVE DOUBLE FRONTED RESTAURANT with laminated strip floor. Air conditioning/heating. Ceiling and wall lighting. Tables and chairs providing seating for 16 persons (can be increased).
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Level kitchen with stainless steel extractor unit, 5-burner Chinese cooker, microwave oven, 2 stainless steel tables, double sink and drainer etc.
Staff
The Restaurant is at present operated by a husband and wife team with the assistance of 1 full time staff.
The accommodation in the form of a SELF CONTAINED FLAT over is held on a shorthold tenancy from the same landlord at a rental of £600 per month. The FLAT with CENTRAL HEATING comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Outside
Ample parking at rear of parade
Tenure
We understand the premises are held on a secure renewable lease, the present lease expiring on the 15th January, 2017 at a rental of £13,000 p.a. exclusive of rates up to January, 2012, with rent to be agreed thereafter.
