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Reference R8402

Chinese Restaurant in Surrey For Sale

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

Register to see map and to make an appointment Excellent main road trading position, densely populated residential & commercial area, SURREY.

Turnover £ 6,500
Price £49,000

Features

Spacious well Fitted Licensed Restauant

At present operated as Chinese cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

We understand the premises have a Full On Licence

Attractive paved front area with railings providing external seating area for up to approximately 16 persons

SPACIOUS RESTAURANT. Front bar area with wooden floor. Restaurant area with quality tiled floor. Ceiling with inset lighting, 2 air conditioning/heating units. Tables & chairs providing seating for 55 persons. BAR with computerised till, 3 double door glass fronted counter fridges, sink.

OPEN PLAN KITCHEN AREA with stainless steel extractor, 9-burner Chinese cooker, 1 3-door stainless stainless steel counter fridge plus 2 2-door stainless steel counter fridges, 2 stainless steel single door fridges, 3 chest deep freezers, 1 domestic microwave oven, 2 stainless steel tables.

WASH-UP AREA with 2 sinks, dishwasher, wash hand basin

Fully tiled disabled cloakroom with w.c. & wash hand basin
Fully tiled ladies' cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakroom with urinal, w.c. & wash hand basin

Basement with 1 chest deep freezer, 1 upright deep freezer plus ample storage area

Turnover

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand that approximately 25% of the turnover is in respect of delivery & takeaway). We further understand the gross profit is in the region of 65%,

Staff

At present operated by the vendor with the assistance of 3 full time chefs plus 2 waitresses & 1 waiter

Trading Hours

6 days per week - 12 noon - 2.30 p.m. & 5 p.m. - 10.30 p.m.
THE BUSINESS IS CLOSED ON MONDAY

Tenure

We understand the premises are held on a secure renewable lease having 16 years unexpired from September, 2018 at a current rental of £31,750 p.a. exclusive of rates up to September, 2018 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £9,000 p.a. approx.

EPC Ratng C (65)

PERSONALLY INSPECTED AND HIGHL RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 24,500 (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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