Old Established Licensed Chinese Restaurant | | Undisclosed Staffordshire | | Situated in a parade, town centre position, STAFFORDSHIRE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 39512
ADVERT IMPRESSIONS : 28,550 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £90000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Chinese cuisine we understand for the past 22 years, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired..Car Park opposite and the the rear of the restaurant (Free of charge in the evenings) Full Gas Fired Central HeatingNew canopy to DOUBLE FRONTED GROUND FLOOR RESTAURANT, carpeted, ceiling lighting. Tables and chairs providing seating for 55 persons. Bar with 2 hand pumps, wine chiller.Stairs to first floor ADDITIONAL RESTAURANT AREA, fully carpeted and with tables and chairs providing seating for 35 persons. Ground floor level kitchen with non-slip floor. The equipment includes 5-burner Chinese cooker, 6-burner gas cooker, stainless steel extractor unit, microwave oven, 2 fridges, 2 upright deep freezes, 2 sinks with drainer, wash hand basin etc.Fully tiled ladies' and gentlemen's cloakroomsLocation : Situated in a parade, town centre position, STAFFORDSHIREOpening Hours : Tuesday - Thursday inclusive - 6 p.m. - 11 p.m.Friday & Saturday - 6 p.m. - 11.30 p.m.Sunday opening - 6 p.m. - 10.30 p.m. CLOSED ON MONDAYTurnover : WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering further potentential to increase in the right hands. Gross profit 65% approx.Tenure : We understand the premises are held on a new 15 years full repairing and insuring lease at a rental of £18,200 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.Uniform Business Rates: £5,900 p.a. approx.THIS OLD ESABLISHED CHINESE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:5 Bedrooms (4 doubles, 1 single)Bathroom with bath, w.c. and wash hand basinKitchenStaff : The business is at present operated by a husband and wife team with the assistance of 2 full time and 2 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | R1204 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
