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
WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £84,500 plus STOCK AT VALUATION (£1,500 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire a well equipped Licensed Restaurant at present Chinese plus slight Vietnamese 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 cuise, if desired.
Attractive single fronted Restaurant. Air Conditioned/Heating System. Fully carpeted. Ceiling with inset spotlighting. Tables and chairs providing seating for 35 persons. Bar with mirror-backed shelving, glass washer, single door counter fridge, ice machine, optics.
Store area with glass fronted deep freeze, fridge.
Level kitchen with tiled floor, stainless cladding to walls, stainless steel extractor unit, 7-burner chinese cooker, 1 deep fryer, 6-burner gas cooker, 3-door stainles steel counter fridge, upright stainless steel deep freeze, chest deep freeze, upright stainless steel fridge, double sink and drainer, wash hand basin etc.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of his wife plus 1 part time chef, 1 additional part time kitchen help, 2 part time waiters and 2 part time waitresses.
Opening
Hours
6 evenings per week - Tuesday - Saturday inclusive - 6 p.m. - 11.30 p.m.
Sunday - 6 p.m. - 11 p.m.
CLOSED MONDAY EVENING
It will be appreciated upon inspection there is potential for additional opening hours.
We further understand the business is closed for all bank holidays and for approx. 1 month each year for holidays.
Tenure
We understand the premises are held on a secure renewable lease, the present lease expiring in September, 2007 at a current rental of £9,000 p.a. exclusive of rates. We further understand that subject to satisfactory references, the landlord is prepared to grant a new 15/20 years lease at terms and rent to be agreed.
Uniform Business Rates: £2,200 p.a. approx. (after relief) + water rates (metered)
