Spacious Old Established Licensed Restaurant | | Undisclosed Hertfordshire | | Situated in a parade, excellent main road trading position, HERTFORDSHIRE | | ADVERT NUMBER : 39371
ADVERT IMPRESSIONS : 19,952 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £100000 | | | | | BUSINESS DETAILS: | Features : At present Chinese cuisine, which could obviously be continued, and in our opinion in view of the excellent main road trading position, there is potential for othe types of cuisine, if desired.Full Gas Fired Central HeatingEntrance to SPACIOUS GROUND FLOOR RESTAURANT, ceiling lighting, 2 ceiling fans, 2 air conditioning units. Restaurant area carpeted with tables and chairs providing seating for 50 persons. Bar with optics, glass washer, 1 single door counter fridge.Fully tiled ladies' cloakroom with w.c. and wash hand basinFully tiled gentlemen's cloakroom with 2 urinals, w.c. and wash hand basinStairs to first floor providing additional Restaurant area, carpeted. Air conditioning unit, ceiling lighting. Tables and chairs for an additional 30 persons.Large commercial kitchen with dumb waiter to ground floor restaurant. The kitchen has a non-slip floor and is well equipped including 9-burner Chinese cooker, 4-burner gas cooker, rice cooker, 1 domestic microwave oven, 2 stainless steel fridges, 1 additional fridge, 2 chest deep freezes, stainless steel work surfaces, double sink and drainer, single sink and drainer, wash hand basin.Adjoining stockroom with upright stainless steel fridge, 2 chest deep freezesLocation : Situated in a parade, excellent main road trading position, HERTFORDSHIREOpening Hours : 12 noon - 2 p.m. & 5.30 p.m. - 11.30 p.m. seven days per weekTurnover : WE ARE INFORMED the turnover averages £6,000 p.w. (included in the turnover is takeaway and delivery of we understand approx. £2,500 p.w). Gross profit 60% approx.Tenure : We understand the premises are held on a secure renewable lease for a period of 16 years from the 1st August, 2004 at a current rental of £34,000 p.a. exclusive of rates, with rent reviews every 4 years.Uniform Business Rates: £15,000 p.a. approx.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation situated on the second floor and with FULL GAS FIRED CENTRAL HEATING, comprises:3 Bedrooms (1 double, 2 singles)Large bathroom with bath, shower over bath, w.c. and wash hand basinIn addition on the second floor is an office plus storeroom (in our opinion the storeroom could be used as a 4th bedroom, if desired).Outside : Rear yardStaff : The Restaurant is at present operated by 2 partners with in the restaurant area 1 full time waiter plus 1 part time waiter, whilst in the kitchen area there are 3 full time chefs plus 1 full time kitchen porter. In addition 1 part time driver is employed for deliveries. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
