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

Situated in a parade, residential area, SURREY (Please register to make appointments and view addresses)

Outstanding opportunity to acquire a Licensed Restaurant at present Chinse cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.

IMPRESSIVE & SPACIOUS LICENSED RESTAURANT, newly carpeted , ceiling with inset spotlighting. 2 air conditioning/heating units. Tables and chairs providing seating for 70 persons. Bar with 1 hand pump, computerised unit with till, sink.

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

Large commercial kitchen with ceramic tiled floor, tiled walls. Well equipped including 2 stainless steel extractor units, 1 6-burner gas cooker with oven, 1 8-burner Chinse cooker, double gas deep fryer, 1 chest deep freeze, 3-door stainless steel counter fridge with cool section departments over, microwave oven, 2 wash hand basins, hot stainless steel cupboard, stainless steel tables etc.

Adjoining area with quarry tiled floor, walk-in coldroom, walk-in deep freeze, double sink and drainer, shelving

WE ARE INFORMED the turnover averages £3,600/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. (Included in the turnover is only a small amount of takeaway). Gross profit 65% approx.

The restaurant is at present operated by the vendor's wife with the assistance of 2 full time chefs plus 2 full time waitresses. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

6 days per week - 12 noon - 2 p.m. & evenings 5.30 p.m. - 11 p.m.
CLOSED ALL DAY TUESDAY

The accommodation in the form of a SELF CONTAINED FLAT over, part DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Shower room with showr, w.c. and wash hand basin (space for bath if desired)
Large Lounge (used as a 4th bedroom at present).

It will be appreciated upon inspection that the single bedroom in the flat could readily be converted into a private kitchen.

Car parking space for 3/4 cars.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £18,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £3,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in excess of £275,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

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