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Restaurant For Sale

Undisclosed Surrey
Situated in a parade, excellent main road trading position, SURREY/MIDDLESEX BORDERS
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71926
ADVERT IMPRESSIONS : 12,944 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£79500
 

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BUSINESS DETAILS:

Features : Trading as Chinese cuisine since April, 2011 previously well established as Italian cuisine. Obviously the present Chinese cuisine could be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Full On & Off Licence for the sale of wines, beers and spirits

Space for 2 tables and 4 chairs in front of restaurant

IMPRESSIVE & SPACIOUS RESTAURANT (can be open front - weather permitting). Air conditioning. 5 ceiling fans. Ceramic tiled floor. Tables and chairs providing seating for 100 persons. Bar with 2 hand pumps, 2 3-door glass fronted counter fridges, 2 double door counter fridges, coffee machine, coffee grinder, electronic cash register, glasswasher, ice maker plus sink.

Ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin

LARGE LEVEL KITCHEN with tiled floor. The equipment includes 7-burner Chinese cooker, 2 4-burner gas cookers, 1 double deep fryer, stainless steel tables, double sink and drainer, dishwasher (not utilized at present), 1 upright deep freeze, 3 chest deep freezes, walk-in cold room etc.

Location : Situated in a parade, excellent main road trading position, SURREY/MIDDLESEX BORDERS

Opening Hours : Monday - Saturday inclusive - 12 noon - 2.30 p.m. & 5.30 p.m. - 11 p.m.
Sunday opening - 11 a.m. - 10 p.m.

Turnover : WE ARE INFORMED the turnover averages £5,000 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further increase in the right hands.

Tenure : We understand the premises are held on a secure renewable full repairing and insuring lease for a period of 20 years from April, 2011 at a rental of £26,500 p.a. exclusive of rates up to April, 2015, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £11,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Yard at rear with new store shed

Staff : The business is at present operated by the vendor's brother who is the manager, together with her husband's assistance on a part time basis plus 2 full time and 1 part time chef, 2 full time waiters plus 1 full time driver.
   
  FOR SALE
   

REFERENCE:

R3199 / RightBiz
   
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ENQUIRIES:

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