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Reference R9108

Chinese Restaurant in East London For Sale

Chinese Restaurant in East London For Sale
Chinese Restaurant in East London For Sale Buy a Chinese Restaurant in East London For Sale Sell a Chinese Restaurant in East London For Sale Chinese Restaurant in East London For Sale for Sale Chinese Restaurant in East London For Sale for Sale Chinese Restaurant in East London For Sale for Sale Chinese Restaurant in East London For Sale for Sale Chinese Restaurant in East London For Sale for Sale

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

Turnover £ 4,250
Price £70,000

Features

Licensed Chinese Restaurant Plus Takeaway

SINGLE FRONTED PREMISES with laminated strip floor. Tables & chairs providing seating for 30 persons. Counter.

LEVEL KITCHEN with tiled floor & tiled walls. The equipment includes 5-burner gas Chinese cooker, 3 fridges, walk-in coldroom, double sink & drainer etc.

Stairs to BASEMENT

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £4,250 p.w. including approximately 50% of the turnover in respect of delivery.

Staff

The business is at present operated by a husband & wife team with the assistance of 2 full time staff.

Trading Hours

12 noon - 11.30 p.m. six days per week
CLOSED ALL DAY MONDAY

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £16,600 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

RECOMMENDED FOR EARLY EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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