Leasehold Substantial License Restaurant For Sale

Business description

PRIME LOCATION - 4000 SQFT - FULL ON LIC

The business is well established, has been in the present hands for 4 years and which is only being marketed as a result of the vendor wishing to pursue other business interests. Although currently presented as a Chinese restaurant, the premises are ideal for a wide range of alternative cuisine.

TURNOVER – Accounts show T/o £374,000 P.A.

PREMISES - Modern frontage with single entrance to: Restaurant Area: 4000sqft overall (over 3 Floors) 150 total covers at present. Ground Floor: Bar Area: to front. Mezzanine Restaurant Area: with 45 covers. Servery: with elect dumb waiter to kitchen. Lower Ground Floor Restaurant Area: with 60 Covers. Store Room: with wine racking, freezers. Office: First Floor: Lobby Area: Sep. Ladies and Gents: W.C. facilities. Restaurant Area: 45 Covers. Kitchen: Large Chinese range, fryer, full extractor canopy, hot cupboard, steamer, microwave ovens, st/stl sinks, under counter refrigeration. Prep Area: Deep st/stl sink.

OUTSIDE - Delivery access to rear.

Property information

Property:

Leasehold

Lease terms:

16 years remaining on original 20 year lease

RENT - £50,000 PA (5 year reviews)

BUSINESS RATES - £3,511.20 PA (Payable 08/09)

Location:

These immaculately presented premises occupy an imposing position fronting Rochester High Street. The business enjoys a tremendous level of passing trade augmented by trade from the numerous Banks and Offices nearby.

Other information

Trading hours:

12.00pm - 3.00pm and 6.00pm to 11.30pm (1.30 am Lic Fri and Sat) 7 Days