70 Cover Chinese Restaurant In Derbyshire | | Chesterfield Derbyshire | | T/O: £300,000 GP: 65% Town centre location Owners accom and 2 spacious flats Huge scope | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 38203
ADVERT IMPRESSIONS : 15,051 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £24,950 | ANNUAL RENT: | £30,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Spire is located on a busy main road with much passing traffic and a high footfall in Chesterfield, Derbyshire. The restaurant is close to the town centre and is surrounded by many shops and businesses. The business benefits from a large pay and display car park to the side and the famous crooked spire is close by. Chesterfield is located approximately 6 miles from junction 29 of the M1 motorway and is approximately 12 miles south of Sheffield.
Business History
Preferred Commercial is delighted to offer for sale this popular town centre Chinese restaurant, which was established in 2003 and has been in our clients' hands since 2008. The restaurant is only now being offered to the market due to our clients' other business interests. The restaurant generates a turnover in the region of £300,000 per annum with a gross profit of 65%. There are 70 covers and an external decked area for further covers in the summer months. The business benefits from 2 large 3 bedroom flats above, which could be used as owners' or letting accommodation or converted to offer buffets. The restaurant also benefits from 3 private parking spaces. There is scope to open at lunchtime to take advantage of trade from the many shops and businesses in the town. We feel this offers a new owner the opportunity to acquire a well-established and popular Chinese restaurant with huge scope for the future. Early discussions with Preferred Commercial must come highly recommended. We are advised that our client is open to serious offers upon veiwing.
Financial Details
T/O: £300,000 approx.
GP: 65%
Opening Hours
Sun - Thurs: 6.00pm - 10.00pm
Fri & Sat: 5.00pm - 11.00pm
Accommodation Details
Substantial 3-storey premises with restaurant to ground floor and flats to first and second floors. Briefly comprising:
Ground Floor
• Open-plan restaurant set over 2 levels with 70 covers and decorated in a modern style to a very high standard
• Bar with 6 points of dispense, spirit shelves, 2 drinks chiller cabinets, glass storage and coffee machine
• Ladies, gents and disabled WCs
• Commercial kitchen with 2 x double fryers, 8-burner hob with wok burner, stainless steel extractor hood, large oven, stainless steel preparation tables and 2 x stainless steel commercial chillers
• Preparation room with 3 x stainless steel sinks, stainless steel preparation tables, 2 x refrigerators, and storage shelving
Lower Ground Floor
• Dry and cool cellar with boiler room, large bottle store room, large barrel room with cooling system, barrel drop and storage for dining equipment.
First Floor
Self-contained 3 bedroom flat, which has recently been extensively refurbished. Briefly comprising:
• 3 x large double bedrooms with en-suite facilities
• Store room
• Large laundry room (was bedroom with en-suite facilities)
Owners' studio, briefly comprising:
• Large lounge
• Office
• Bedroom
• Store room
• Kitchenette
• Shower and WC
Second Floor
Large flat, briefly comprising:
• 3 x large double bedrooms with en-suite facilities
• Bathroom
• Very large lounge/diner with corner aspect
• Kitchen fitted with a range of wall and base units
• Store room
External
• Large yard to rear with private parking
• External preparation room with 3 burner hob with wok burner, stainless steel extractor hood, pressure cooker, stainless steel preparation tables, stainless steel sink, dry store, large walk-in refrigerator, large walk-in freezer
• Decking area for external covers in the summer months
Tenure
Leasehold
Original length: 20 years
Remaining: 18 years
Rent: £30,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1469 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
