Search more Chinese Restaurants for sale in South London
Reference R8307

Chinese Restaurant, Fast Food Restaurant, Restaurant and Chinese Takeaway and Delivery in South London For Sale

Chinese Restaurant, Fast Food Restaurant, Restaurant and Chinese Takeaway and Delivery in South London For Sale
Chinese Restaurant, Fast Food Restaurant, Restaurant and Chinese Takeaway and Delivery in South London For Sale Buy a Chinese Restaurant, Fast Food Restaurant, Restaurant and Chinese Takeaway and Delivery in South London For Sale Sell a Chinese Restaurant, Fast Food Restaurant, Restaurant and Chinese Takeaway and Delivery in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, SW LONDON

Turnover 1,500
Price 49,950

Features

Well Fitted Licensed Chinese Restaurant Recently Reduced To 49,950 Plus Stock At Valuation, Subject To Contract

Established as Chinese cuisine in 2015, which could obviously be continued & in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

ATTRACTIVE SINGLE FRONTED RESTAURANT with laminated strip floor, ceiling with inset spotlighting plus concealed lighting. Full Gas Fired Central Heating. Tables & chairs providing seating for 30 persons. BAR with tiled front, mirror-backed glass shelving.

Ladies'/disabled cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with 5-burner Chinese cooker, 1 upright double door fridge, 2 sinks.

In addition there is a second PREPARATION KITCHEN at rear with upright deep freezer & 3 chest deep freezers plus double sink & drainer.

Turnover

WE ARE INFORMED the turnover averages 1,500 p.w. including some takeaway, in our opinion there is terrific potential to develop the business in the right hands.

Staff

At present operated by the vendor (who is a chef) with the assistance of his wife plus 1 part time waitress.

Trading Hours

6 evenings per week - 5 p.m. - 11 p.m.
CLOSED ALL DAY MONDAY
In our opinion there is potential for additional opening hours

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in September, 2030 at a rental of 18,000 p.a. exclusive of rates up to September, 2020 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable at present after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 58,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Chinese Restaurants for sale in South London

Buy a Chinese Restaurant, Fast Food Restaurant, Restaurant and Chinese Takeaway and Delivery in South London For Sale on NationwideBusinesses.co.uk