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Reference R8892

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

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

Turnover 5,800
Price 58,000

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 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 3 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 is in the region of 5,800 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

The restaurant is at present operated by the vendor with the assistance of 3 chefs & 2 waitresses.

Trading Hours

Seven days per week
Monday - Thursday inclusive - 12 noon - 2.30 p.m. & 5 p.m. - 10.30 p.m.
Friday & Saturday - 12 noon - 2.30 p.m. & 5 p.m. - 11 p.m.
Sunday opening - 12 noon - 10 p.m.

Tenure

We understand the premises are held on a secure renewable lease having 15 years unexpired from September, 2019 at a rental of 33,500 p.a. exclusive of rates up to September, 2022 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 6,780 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 58,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 29,000 (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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