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 : 56467
ADVERT IMPRESSIONS : 12,596 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | FREEHOLD: | £310000 | 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 60 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 basin
Gentlemen'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, SUFFOLK
Opening Hours : TUESDAY - SUNDAY 5 p.m. - 11.30 p.m.
MONDAY CLOSED ALL DAY
It will be appreciated upon inspection that there is potential for additional opening hours
Turnover : 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 £13,000 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 RECOMMENDED
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £310,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Accommodation : The SPACIOUS living accommodation comprises:
First Floor
Large Kitchen
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
In additon separate w.c.
Second Floor
3 Additional Double Bedrooms
Third Floor comprising large attic bedroom
Outside : Yard at rear plus parking space for 2 cars
Staff : At present operated under management. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
