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Modern Chinese Restaurant to sell

Southampton, Hampshire
Leasehold Price:
£59,950
Annual Rent:
£26,000
Status
FOR SALE
Advert ID
254163

Leasehold with 12 years left on the lease. Rent £26,000 per annum. Rates payable £6,000 per annum.
Good volume of taking Away Orders, Collection & delivery.
Great Accommodation with three Rooms. Main restaurant (ground floor) accommodate at least 70 covers, upstairs(first floor)including one function rooms.

Thriving community with friendly regulars and well-known in the area. Highly populated with students and young professionals and senior citizen.

No other Chinese restaurants in the High street.
The current owner of eight years.
Open seven evenings only from 5pm til 10:30pm.
Offers invited for the lease, goodwill with fixtures & fittings at £59950 Stock value at the time of completion.
Potential to take 40% more turnover if longer opening hours & promote.
Retirement sale.
Please do not hesitate to ask any further questions.


Thank You.

 

Listing Details
Leasehold Price: £59,950
Annual Rent: £26,000
Tenure: Leasehold
Location: Southampton, Hampshire
Sector: Catering Businesses, Chinese Restaurants, Restaurants
Financials
Annual Turnover: £210,000
Annual Net Profit: Available upon request
Key Features
  • Price Reduced
  • With Accommodation
  • Small Business
  • Offers Invited
  • Potential for Alternative Use
  • Fully Fitted
  • High Turnover
  • Established Business
Map & Street View
What's nearby
Within 1 milei:
Life Unlimited (Health)
St James Road Methodist Church (Church)
Bridlington Avenue (Transit Station)
Bridlington Avenue (Bus Station)
Shire Light Haulage (Moving Company)
The Shirley Pre-school (School)
Ad (Point Of Interest)
Tec Plumbing (Plumber)
John Oldfield Motor Cycles (Store)
Assured Lettings (Real Estate Agency)
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