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Reference R7927

Chinese Restaurant in Scotland For Sale

Register to see map and to make an appointment Situated in a parade, sought after position, ARGYLESHIRE, SCOTLAND

Turnover 7,000
Price 30,000 / 230,000

Features

Licensed Chinese Restaurant

SINGLE FRONTED RESTAURANT with woodstrip floor, ceiling lighting. Tables & chairs providing seating for 40 persons. BAR with 1 hand pump, glass fronted counter fridge.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LEVEL KITCHEN with tiled floor, tiled walls, 7-burner Chinese cooker, 3 fridges, 3 deep freezers, double sink & drainer.

Turnover

WE ARE ADVISED the turnover is in the region of 7,000 p.w. including takeaway.

Staff

At present operated under management. Staff employed 1 full time manager. Restaurant area 2 full time waiters. Kitchen area 2 chefs, 1 dishwasher, 1 kitchen porter.

Trading Hours

5 p.m. - 11 p.m. seven days per week

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of 18,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

WE UNDERSTAND THE PREMISES HAS BEEN IN THE SAME HANDS SINCE 1997 AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 30,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 230,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 15,000 (lease) 161,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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