Search more Chinese Restaurants for sale in South London
Reference R8178

Chinese Restaurant in South London For Sale

Chinese Restaurant in South London For Sale
Chinese Restaurant in South London For Sale Buy a Chinese Restaurant in South London For Sale

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

Turnover 2,500
Price 50,000

Features

Well Established Chinese Takeaway & Delivery Plus Licensed Restaurant Seating Area

SPACIOUS DOUBLE FRONTED PREMISES with tiled floor. Tables & chairs providing seating for 14 persons (seating area can be increased, if desired). Counter with wooden top, computer system, upright glass fronted drinks display fridge.

KITCHEN AT REAR with tiled floor, stainless steel walls, stainless steel extractor, 6-burner Chinese cooker, gas double deep fryer, walk-in coldroom, 3 chest deep freezers, upright deep freezer, stainless steel cool display salad top, 4 sink units, wash hand basin etc.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 2,500/3,000 p.w. mainly Chinese hot food takeaway & delivery, in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present operated under management

Trading Hours

12 noon - 3 p.m. & 5 p.m. - 11 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a current rental of 17,500 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 5,700 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,000 (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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