Licensed Restaurant For Sale

Business description

The Business Partnership is delighted to offer for sale this very well presented Licensed Chinese Cuisine Restaurant. also suitable for other cuisines
The business is well established and has build up a reputation for high quality food and service.
Aimed at the upper end of the market, the business has a good client base of regular customers together with clients who use the restaurant for special occasions
The business also operates a takeaway service.

The restaurant has 130 covers (with room for more) and a large dedicated car park.
The premises were previously used as a fast food takeaway and retain the ability to operate as a drive –thru. The business has a high profit margin.

Operated by the vendor, 5 full time and 2 part time staff the business is easily managed
Premises:
The business is housed in a detached purpose build property with eth benefit of a large car park with approx.40 spaces.
The entrance leads to a reception and waiting area with an island bar.
Behind the bar is an additional dining area (approx. 500 sq ft) with 30 covers.
The main dining area is approx. 825 sq ft and has 100 covers.
Customer toilets are off the main dining area.
The trade kitchen is very well equipped including a 7 burner wok and full extraction system. Off the kitchen is a walk in chiller through to a walk in freezer. There is a staff toilet and access to a small rear yard that also has storage. The building is air conditioned .Outside there is a dedicated car park woth approx 40 spaces.

Property information

Property:

Leasehold

Lease terms:

Leasehold 15 years remaining
Rent: £18,000 pa
Rates: £8,000per year

Location:

The business is very well located in an area that has seen (and continues to see) extensive redevelopment in recent years in residential and leisure projects.

Other information

Support & training:

Handover training avaialble

Reasons for selling:

Other business interests

Trading hours:

6 days per week