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WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65%/70% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
At present Chinese cuisine, which could obviously be continued, and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
Customer's Car Park for 9 cars.
Service road in front of Restaurant
ATTRACTIVE DOUBLE FRONTED RESTAURANT. Ground floor, laminated strip floor, ceiling with inset spotlighting, air conditioning unit. Tables and chairs providing seating for 40 persons (can be increased to 50, if desired). Bar with sink, double door display counter fridge, upright glass fronted fridge.
Disabled/ladies' cloakroom with w.c. and wash hand basin
Spiral staircase to first floor providing an additional Restaurant area with air conditioning, ceiling lighting. Tables and chairs providing seating for 20 persons (can be increased).
Gentlemen's cloakroom with w.c. and wash hand basin
Ground floor level ktichen with dumb waiter to first floor. The kitchen has a quarry tiled floor and is fully equipped including 9-burner Chinese cooker, 1 stainless steel hot cupboard with work surface, stainless steel table, double door stainless steel larder fridge, steamer, 6-burner gas cooker, stainless steel extractor unit, double sink and drainer, walk-in coldroom, 3 chest deep freezes etc.
Staff
The business is at present staff employed. Staff employed 4 full time plus 1 part time staff. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced.
Opening
Hours
12 noon - 2.30 p.m. & 6 p.m. - 11 p.m. (last orders) seven days per week
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Kitchen
Tenure
We understand the premises are held on a secure renewable lease, the present lease expiring in December, 2012 at a rental of £26,000 p.a. exclusive of rates up to December, 2008, with rent to be agreed thereafter.
Uniform Business Rates: £6,400 p.a. approx. + water rates
