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Reference R9250

Chinese Restaurant in Grimsby For Sale

Chinese Restaurant in Grimsby For Sale
Buy a Chinese Restaurant in Grimsby For Sale Sell a Chinese Restaurant in Grimsby For Sale Chinese Restaurant in Grimsby For Sale for Sale Chinese Restaurant in Grimsby For Sale for Sale Chinese Restaurant in Grimsby For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, residnetial & commercial area, LINCOLNSHIRE GRIMSBY

Price 30,000 / 220,000

Features

Spacious Licensed Restaurant (at Present Closed)

Recently opened as a Licensed Chinese Restaurant, in our opinion offering tremendous potential for development in the right hands.

DOUBLE FRONTED SPACIOUS RESTAURANT & BAR AREA. 6.35m x 12.80m (2010 x 420) with full gas fired cental heating. The restaurant has a wooden floor. Tables & chairs providing seating for 60 persons.

Stairs to first floor additional RESTAURANT AREA 6.45m x 13.33m (212 x 439) with wooden floor. Bar area. Tables & chairs providing seating 60/70 persons.

Additional toilet & first floor landing

GROUND FLOOR LARGE KITCHEN 6.71m x 7.57m (220 x 2410) Fully equipped and ready to trade with full stainless steel industrial kitchen equipment associated with Chinese restaurant including fridges freezers, cookers, ovens, hobs, fryers, preparation areas and further storage. Food lift to first floor. Stairs leading down to the cellar. To the rear of the kitchen is a roller shutter door providing access to a rear Entrance Lobby which gives access for deliveries and parking areas.

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

Trading Hours

When trading
4.30 p.m. - 11 p.m. six days per week
CLOSED ALL DAY MONDAY

Accommodation

Second Floor

Currently arranged as a large second floor flat which has been used as a staff room area due to planning.

Accommodation:

Kitchen: 5.11m x 3.86m (169 x 128) with two double timber glazed windows to the rear elevation, radiator, small kitchen units, space for washing machine, boiler room and walk in shower room with low level flush w.c., shower cubicle and pedestal wash hand basin.

Should residential regulations be obtained the accommodation would further comprise:

Bedroom: 3.94m x 4.22m (1211 x 1310)
Bedroom : 4.29m x 3.91m (141 x 1210 )
Bedroom: 4.22m x 4.57m (1310 x 150)
Bedroom: 2.67m x 3.28m (89 x 109 )
Bedroom: 3.25m x 2.16m (108 x 71)
Lounge: (Currently used as storage area) 6.63m x 3.61m (219 x 1110) maximum

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of 14,400 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS 30,000subject to contract.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS 220,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 15,000 (lease) 154,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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