Impressive Chinese Restaurant in Surrey For Sale

Detached property, excellent main road trading position, residential area, Surrey.

Turnover £ 9,000
Price £135,000

Features

Large Detached Licenced Restaurant

5 STAR HYGIENE RATING
6 DAYS OPENING
CAR PARK WITH PARKING FOR 20 CARS

Substantial property in the region of 2,365 ft² with tiled floor, beamed ceiling with spot lights, Air conditioning with hot air, Bar, drinks display fridge (glass fronted upright double-door). Tables and chairs providing seating for 70 People, CCTV system (5 cameras, 1 monitor).

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Disabled Toilet with w.c. and wash hand basin.

Kitchen with stainless steel extractor unit, Chinese Cooker (7-burner), deep fryer (2 pan), double door fridge, wine fridge, 5 freezers, ice cream freezer, dishwasher, double sink and drainer, Button to cup Coffee Machine.

Walkin coldroom.
Stock room
Wine room.
Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. with a Gross profit of 65% approx. (50% TAKEAWAY & DELIVERIES)

Staff

The business is at present operated by the vendor with 5 full time & 4 part time staff & 3 drivers.

Trading Hours

6 Day week
SUNDAY, MONDAY, WEDNESDAY & THURSDAY 12 noon - 2pm then 5pm - 9.30pm
FRIDAY & SATURDAY 12 noon - 2pm then 5pm - 9.30pm

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating. The accommodation comprises:

Lounge.
6 Bedrooms (2 double, 4 Single).
Bathroom with bath, w.c. and wash hand basin.
Additional W.C.

Outside

Private Parking space for 4 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2012 with reviews every 5 years (next review 2027) at a current rent of £55,200 p.a.

Business Rates from April 2024 £4,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 67,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote