Leasehold Chinese Restaurant For Sale

Business description

Bag a Business is delighted to offer to market this quality Chinese restaurant based in the popular and growing town of Stamford. Beijing Rendezvous has been in the careful hands of our client since 2008 and in this time they have refurbished the trading area to a high standard throughout and only now wishes to put the business to market due to the need to concentrate on his other business commitments. The business's prominent trading position produces high levels of footfall, which in turn produces all year round trade, from local and new customers. Turnover is currently £260,000 per annum with a GP of 70% from its 70 cover capacity. The trading area has been refurbished in a modern and stylish way with an eye for detail. The current owners have invested heavily in the most up-to-date catering equipment, further adding to the desirability of this business. The restaurant's prominent position and modern decor lends itself to most styles of food, such as Italian, French and Mediterranean. Bag a Business urge early viewing to appreciate the quality and flexibility of this restaurant.

Property information

Property:

Leasehold

Lease terms:

Original lease length: 25 years
Remaining lease length: 24 years
Review every 5 years
Rent: £22,500 per annum

Living accommodation:

ACCOMMODATION DETAILS Stone built two storey building. Briefly comprising: GROUND FLOOR Front entrance Open plan restaurant area. Fully fitted bar Glass fronted bottle fridges Glass washer Shelving for glass storage Back bar with display features Wooden flooring throughout Bespoke feature ceiling Quality contemporary furniture Modern stylish decor. Ladies and gents toilets. Sliding wooden door to private function dinning room which seats 30 Storeroom FIRST FLOOR Fully fitted commercial kitchen 4 bedroom accommodation Bathroom Toilet EXTERNAL Car parking

Location:

Beijing Rendezvous is ideally located in a prime trading position in the busy shopping & night life area of Stamford, Lincolnshire. Stamford is a busy and thriving town currently enjoying large investment in quality and affordable housing and recreational projects. The area also boasts good schooling and all major amenities. Stamford has strong road links via the A1 motorway and A15 and A34 trunk roads.

Other information

Trading hours:

Mon - Sat: 12.00pm - 3.00pm & 5.30pm - 11.00pm