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Reference R6165

Chinese Restaurant, Takeaway and Delivery in Midhurst For Sale


Register to see map and to make an appointment Main road trading position, sought after WEST SUSSEX. MIDHURST

Price 720,000

Features

Spacious Freehold Semi-detached Catering Business

PARKING IN FRONT OF RESTAURANT RESTRICTED TO 1 HOUR DURING THE DAY. IN ADDITION THERE IS A PUBLIC CAR PARK NEARBY (FREE TO PARK RESTRICTED TO 2 HOURS)

At present operated as a Chinese Hot Food Takeaway & Delivery, however with the advantage of a Restaurant area (not utilized at present).

GROUND FLOOR TAKEAWAY SECTION fully tiled walls, counter, computer

LARGE LEVEL KITCHEN with quarry tiled floor, stainless steel cladding to walls, stainless steel extractor system, 9-burner Chinese cooker, pie warmer, 3-door glass fronted counter fridge, counter deep freezer, 4-pot bain marie & 2 microwave ovens, stainless steel table, walk-in coldroom.

WASH-UP ROOM with double sink & drainer plus 1 single sink & drainer, wash hand basin

Storeage area with 3 chest deep freezers

ADJOINING THE TAKEAWAWAY SECTION is a SPACIOUS GROUND FLOOR RESTAURANT with quality tiled floor, ceiling with spotlighting. 2 air conditioning units. Tables & chairs providing seating for 45 persons.

Fully tiled disabled/ladies' cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakroom with w.c. & wash hand basin

Turnover

WE UNDERSTAND the vendors enjoy a good turnover,full details of which will be discussed upon inspection. In our opinion the business offers terrific potential with the re-opening of the restaurant area, which we understand ceased being used approximately 2 years ago.

Staff

The Takeaway is at present operated by the vendor with the assistance of her husband with 2 full time & 3 part time staff.

Trading Hours

Tuesday - Sunday inclusive - 12 noon - 2 p.m. & 5 p.m. - 11 p.m.
NO MONDAY TRADING

Accommodation

The SPACIOUS living accommodation in the form of 2 SELF CONTAINED FLATS with each with FULL GAS FIRED CENTRAL HEATING, comprise:

Flat No. 1. Let on a shorthold tenancy & providing a rental income of 650 per month, comprises:

2 Bedrooms (1 double, 1 single)
Fully tiled shower room with shower, w.c. & wash hand basin
Lounge
Kitchen with fitted units

Additional Flat. At present used by staff & comprises:

3 Bedrooms (2 doubles, 1 single)
Shower room with shower, w.c. & wash hand basin

Outside

Yard at rear

Tenure

Uniform Business Rates: 1,000 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 720,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 504,000 (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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