Attractive And Spacious Licensed Chinese & Thai Restaurant For Sale

Business description

SPACIOUS SINGLE FRONTED RESTAURANT, fully carpeted, wall and ceiling lighting, pictures on walls. Bar. Tables and chairs providing seating for 80 persons.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. 2 urinals, wash hand basin

Level kitchen with industrial non-slip floor. The equipment includes 8-burner Chinese cooker, 6-burner gas cooker, microwave oven, 5 fridges, 3 deep freezes, walk-in coldroom, double sink and drainer etc.

Dry goods store

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease having approximately 20 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 1 year, with rent reviews thereafter.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The accommodation in the form of 2 FLATS comprises: First Floor 4 Bedrooms (2 doubles, 2 singles) Bathroom with bath, w.c. and wash hand basin Second Floor Living Room with kitchen area 2 Double Bedrooms Bathroom with bath, separate shower, w.c

Location:

Situated in a High Street, excellent main road trading position, DORSET

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

12 noon - 2 p.m. & 5.30 p.m. - 11.30 p.m. seven days per week

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.