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Chinese Restaurant/ Private Party Room In Surrey London For Sale

London
Asking Price:
£300,000
Turnover:
£500,000
Net Profit:
£166,000

Here is a unique opportunity to acquire a 130 cover A3 licenced traditional Chinese restaurant with a private party room for 30 that is significantly under used. It holds the accolade of the only Chinese restaurant in the UK to be accredited by Coeliac UK. This has made the restaurant a destination restaurant for coeliacs throughout the country. Add to that the fact that the food is healthy and use sea salt and natural colourings,do not add MSG to their food, and you can see that this is not your traditional Chinese restaurant, but is based upon traditional Chinese cultural and culinary beliefs and principles.
• 5 years business goodwill
• Annual rent - £47,600 per annum
• Business rates and water - £20,000 per annum
Premises
• 130 seater Chinese restaurant
• Premises, A3 licensed restaurant
• Coeliac UK accredited. The only Chinese restaurant in the UK to hold this accreditation
• 20 full / part time staff
• Reason for sale: To pursue other interests.

Location
• 6 minutes walk from nearest station in a rural Surrey town
•20 minutes by train from Waterloo
• Average spend per person £17.90 lunchtime £26.29 dinner.
Takeaway currently accounts for 28% of total sales

Number of Employees: 20 full and part time
Tenure: Leasehold .A new ten year lease has been signed.

Property information

Property:

Leasehold

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