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Reference R7861

Chinese Restaurant in East Sussex For Sale

Chinese Restaurant in East Sussex For Sale
Chinese Restaurant in East Sussex For Sale Buy a Chinese Restaurant in East Sussex For Sale Sell a Chinese Restaurant in East Sussex For Sale Chinese Restaurant in East Sussex For Sale for Sale Chinese Restaurant in East Sussex For Sale for Sale

Register to see map and to make an appointment Situated end of parade, busy road, EAST SUSSEX

Turnover 1,800
Price 60,000

Features

Attractive & Spacious Licensed Restaurant

The Restaurant occupies a corner position

SPACIOUS RESTAURANT with quality tiled floor, ceiling with spotlighting. Air conditioning unit. Tables & chairs providing seating for 38 persons (can be increased to accommodate 50 persons). BAR with mirror-backed shelving, sink, ice machine, glass fronted counter fridge.

Ladies'/disabled cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with tiled floor & fully equipped including stainless steel extractor, 7-burner Chinese cooker, 1 4-door stainless steel counter fridge, 1 3-door stainless steel counter fridge, 2 stainless steel tables, 4 chest deep freezers, double sink & drainer, wash hand basin etc.

Turnover

WE ARE INFORMED the turnover averages 1,800 p.w. including some takeaway, in our opinion offering tremendous potential for further increase in the right hands & in our opinion there is potential to introduce deliveries, if desired.

Staff

The business is at present operated by a husband & wife team with the assistance of family when required plus 2 part time staff at weekends.

Trading Hours

Sunday - Thursday inclusive - 5.30 p.m. - 10 p.m.
Friday & Saturday - 5.30 p.m. - 10.30 p.m.

Accommodation

The SPACIOUS accommodation with FULL GAS FIRED CENTRAL HEATING comprises:

First Floor
Large Lounge
1 Double Bedroom
Shower room with shower, w.c. & wash hand basin
In addition there is a stockroom which in our opinion could be utilized as an additional bedroom, if desired

Second Floor
3 Double Bedrooms

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of 20,000 p.a. exclusive of rates up to May, 2018 with rent review at that time and thereafter every 4 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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