Well Established Licensed Chinese Restaurant | | Undisclosed Hertfordshire | | Situated in a parade, busy road, approx. 2 minutes walk from the main railway station, HERTFORDSHIRE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63294
ADVERT IMPRESSIONS : 13,016 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £92000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SPACIOUS DOUBLE FRONTED PREMISES. Reception area with laminated strip floor. Restaurant area carpeted, wall and ceiling lighting. Bar with single door glass fronted counter fridge, sink.
LEVEL KITCHEN with tiled floor, stainless steel extractor unit, 7-burner Chinese cooker, stainless steel tables, walk-in coldroom, glass fronted wine fridge, upright large fridge, upright deep freeze, 3 chest deep freezes etc.
Storage area
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Location : Situated in a parade, busy road, approx. 2 minutes walk from the main railway station, HERTFORDSHIRE
Opening Hours : Monday-Thursday inclusive - 12 noon - 2 p.m. & 6 p.m. - 11 p.m.
Friday & Saturday - 12 noon - 2 p.m. & 6 p.m. - 11.30 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £4,800 p.w. including takeaway. It will be appreciated upon inspection that there is terrific potential for the introduction of deliveries, if desired.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease in respect of the restaurant with 2 flats over at a rental of £23,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £6,000 p.a. approx.
THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £92,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of 2 SELF CONTAINED FLATS over, each comprise:
3 Double Bedrooms (1 could readily be a living room)
Bathroom with bath, w.c. and wash hand basin
It will be appreciated upon inspection that if these are not required for personal use, they have potential to be sublet to provide a rental income.
Staff : The business is at present operated by a husband and wife team with the assistance of 2 full time staff plus additional part time staff when required. | | | | | | FOR SALE | | | | | REFERENCE: | R2553 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
