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

Situated in a parade, excellent main road trading position, LONDON, SW (Please register to make appointments and view addresses)

Established by the present owner approx. 15 years ago as 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.

SPACIOUS RESTAURANT with ceramic tiled floor, air conditioning, wall and ceiling lighting. Tables and chairs providing seating for 100 persons. Large fish tank providing an attractive feature. Bar with mirror-backed shelving, sink, hand pump.

Fully tiled ladies' and gentlemen's cloakrooms plus disabled cloakroom each with w.c. and wash hand basin

Large catering kitchen with quarry tiled floor. 9-burner Chinese cooker, 6-burner gas cooker, stainless steel tables, rice cooker, double sink and drainer, walk-in coldroom, 2 chest deep freezes etc.

2 Cellars with 3 chest deep freezes

WE ARE INFORMED the turnover averages £6,000/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. (Included in the turnover is approx. £3,000 p.w. in respect of delivery and takeaway).

The Restaurant is at present operated by 2 members of the family on a full time basis plus additional family help when required. In addition there are 2 full time chefs plus 1 full time and 1 part time kitchen help.

Monday - Friday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m.
Saturday opening - 5.30 p.m. - 11.30 p.m.
Sunday opening - 2 p.m. - 11.30 p.m.

Yard at rear with parking space for 1 car

We understand the premises are held on a secure renewable lease having 9 years unexpired from June, 2008 at a current rental of £39,000 p.a. exclusive of rates. (We further understand that there was a rent revision due in June, 2007, however, no rental increase has been agreed for the next 3 years).

Uniform Business Rates: £15,000 p.a. approx. + water rates

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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