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Reference R7838

Vietnamese Restaurant for sale in Essex

Location

Excellent trading position, ESSEX

Features

Fully Equipped Licensed Restaurant

Recently opened as Vietnamese cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

ATTRACTIVE SINGLE FRONTED RESTAURANT carpeted, ceiling lighting. BAR. Tables & chairs providing seating for 55 persons.

Fully tiled ladies' & gentlemen's cloakrooms

LEVEL KITCHEN with tiled floor, tiled walls, stainless steel extractor system, 5-burner Chinese cooker, 6-burner gas cooker with oven, 1 salamander grill, 1 2-door stainless steel counter fridge, 1 3-door stainless steel counter fridge, 1 chest deep freezer, 1 upright deep freezer, double sink & drainer etc.

Turnover

WE ARE INFORMED the turnover averages 2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Accommodation

The main accommodation comprises:

5 Double Bedrooms (1 with ensuite shower room with shower, w.c. & wash hand basin)
Additional bathroom with bath, w.c. & wash hand basin
Living room with kitchen area

We understand the accommodation is at present let on a room by room basis & provides a rental income of 100 per week per room.

In additon there is a STUDIO FLAT which we understand provides a further rental income of 600 per month providing a total rental income at the present time of approximately 31,200 p.a.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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