Spacious Old Established Licensed Chinese Restaurant | | Undisclosed Suffolk | | Situated in a parade, excellent trading position, close to town centre, and close to ASDA and the railway station, SUFFOLK | | ADVERT NUMBER : 39525
ADVERT IMPRESSIONS : 36,109 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | FREEHOLD: | £325000 | LEASEHOLD: | £58000 | | | | | BUSINESS DETAILS: | Features : At present Chinese cuisine, 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.SPACIOUS GROUND FLOOR RESTAURANT fully carpeted. Tables and chairs providing seating for 50 persons plus bar with bar seating area with settees. Attractive bar, mirror-backed shelving, glass fronted drinks display fridge.Ladies' cloakroom with 2 w.c's, wash hand basinGentlemen's cloakroom with w.c. and wash hand basin Level commercial kitchen. The equipment includes 6-burner gas cooker with oven, 7-burner Chinese cooker, stainless steel extractor unit, stainless steel tables, double sink and drainer, fridge etc.Location : Situated in a parade, excellent trading position, close to town centre, and close to ASDA and the railway station, SUFFOLKOpening Hours : 7 evenings per week 5 p.m. - 11.30 p.m. It will be appreciated upon inspection that there is potential for additional opening hoursTurnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant 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: £3,000 p.a. approx.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTOR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £325,000 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : The SPACIOUS living accommodation comprises:First FloorLarge Kitchen3 Double BedroomsBathroom with bath, w.c. and wash hand basinIn additon separate w.c.Second Floor3 Additional Double BedroomsThird Floor comprising large attic bedroomOutside : Yard at rear plus parking space for 2 carsStaff : At present operated under management. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
