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Related Ads > Hertfordshire Business for Sale > Chinese Restaurants to Rent > Chinese Restaurants in Hertfordshire for Sale 

Spacious Chinese Restaurant And Takeaway.

Undisclosed Hertfordshire
Situated in a parade, excellent trading position, town centre, HERTFORDSHIRE.

ADVERT NUMBER : 53215
ADVERT IMPRESSIONS : 13,583 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Chinese Restaurants
SALE: Agent Sale

LEASEHOLD:

£59500
 

BUSINESS DETAILS:

Features : At present operated mainly as a Chinese Takeaway. It should be noted that no deliveries are undertaken and, in our opinion, the business offers tremendous potential for further development in the right hands.

The business is situated opposite an Asda supermarket, with parking in front of the parade restricted to 1 hour during the day, however, unlimited parking in the evenings.

Spacious single fronted Premises. Carpet tiled floor, suspended ceiling with inset lighting. Tables and chairs for approx. 40 persons, however, as stated, at present operated as mainly takeaway. New serve-over counter (not used at present), additional counter, upright glass-fronted drinks fridge.

Large level Kitchen, with tiled floor, tiled walls. Fully equipped including 9-burner Chinese cooker, stainless steel extractor, 6-burner gas cooker, 2 rice cookers, small chest deep freeze, stainless steel tables, double deep fryer, microwave oven, double sink and drainer.

Rear section with 2 Fosters stainless steel double-door fridges, 2 chest deep freezes, etc.

Staff cloakroom with w.c. and wash hand basin.

Location : Situated in a parade, excellent trading position, town centre, HERTFORDSHIRE.

Opening Hours : Monday/Saturday incl. 11.30 a.m. - 10.30 p.m.
No Sunday trading.

Turnover : WE ARE INFORMED the turnover averages £2,500 p.w., in our opinion offering tremendous potential for further increase - especially with the undertaking of hot food deliveries or, indeed, with the development of the restaurant area if desired.

Tenure : The vendors own the freehold and, subject to satisfactory references, are prepared to grant a new 16 years' full repairing and insuring lease, at a rental of £30,000 p.a. excl. of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform business rates: £2,200 p.a. approx.


This old established business has been in the same hands for the past 8 years and is now solely offered for sale due to the vendors' retirement.


PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

Price : PRICE TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS,
£59,500 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Accommodation : The self contained living accommodation, with full gas fired central heating, comprises:

4 bedrooms (2 doubles, 2 singles). It should be noted that one of the bedrooms could readily be used as a living room if required.

Bathroom with bath, w.c. and wash hand basin.

Kitchen.

Outside : Rear storeshed plus parking space for 1 car.

Staff : The business is at present operated by the owners.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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