Licensed Chinese Restaurant In Ilford For Sale

Business description

On very busy main rd, excel passing trade, thickly populated area, etc. 1,700 sq ft, (80 seats), tkg £10,000 pw. 15 yrs lease from 2000, 5 yrly reviews, rent £31,500 pa, rates £10,500 pa. Estb for 65 years.

Property information

Property:

Leasehold

Lease terms:

Renewable 15 years lease from 2000 with 5 yearly rent reviews and the current rent is £31,500 per annum.

Leasehold rent:

£31,500 per annum

Location:

Situated in a parade of local shops, banks and multiples on busy main road with excellent passing trade. The business is close to Twickenham Rugby ground and is surrounded by densely populated residential area.

Premises details:

Double fronted premises has aluminium frame frontage with full opening during summer seasons and sun canopy above. Internally the 1,700 sq ft restaurant comprises drinks bar, main restaurant with seating capacity for 80 customers (can accommodate 100 covers) and well appointed ladies/gents toilets/washrooms at the rear of the seating area. The fully fitted kitchen, stockroom and staff toilet are located at the rear and there is a rear door leading to the car park which has space for 2 vehicles. The restaurant is fully air conditioned and alarmed.

Size in square feet:

17,000

Business Operation

Trading hours:

Mon – Sun noon – 2.30 pm & 6.00 pm – 11.30 pm.

Employees:

Owner + 4 f/t & 2 p/t

Years established:

65