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viewing is only via appointment - Please register for free to see full location details
 

Sought after main shopping centre, SUFFOLK (Please register to make appointments and view addresses)

Outstanding opportunity to acquire a spacious Licensed Restaurant, at present Chinese cuisine, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.

SPACIOUS DOUBLE FRONTED RESTAURANT with wall and ceiling lighting, fully carpeted. Tables and chairs providing seating for 38 persons (can be increased to accommodate 42 persons, if desired). Bar with coffee machine, coffee grinder and wash hand basin.

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

Level kitchen with industrial non-slip floor, the equipment includes 2 4-burner gas cookers with oven, 1-5-burner Chinese cooker, 1 deep fryer, 2 domestic microwave ovens, 1 electric grill, 1 stainless steel commercial fridge, 2 deep freezes, 4 fridges, stainless steel work surfaces, dishwasher, double sink and drainer, wash hand basin etc.

WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

The Restaurant is at present operated by a husband and wife team with the assistance of 2 part time staff plus additional casual staff at weekends.

CLOSED ALL DAY MONDAY
Tuesday - Friday inclusive - 12 noon - 3 p.m. & 5 p.m. - 10.30 p.m.
Saturday opening - 12 noon - 11 p.m.
Sunday opening - 12 noon - 3 p.m. & 5 p.m. - 10.30 p.m.

We understand the premises are held on a secure renewable lease having approximately 7 years unexpired at a rental of £16,500 p.a. exclusive of rates up to November, 2009, with rent to be agreed thereafter.

Uniform Business Rates: £5,750 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £68,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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