Most Attractive Chinese Restaurant in Hertfordshire For Sale

Terrace property, excellent main road trading position, residential, office and commercial area, Hertfordshire.

Turnover £ 28,000
Price £545,000

Features

Old Established Chinese Restaurant & Takeaway

4 STAR HYGIENE RATING
31 December 2025 - Net Profit £203,687

DOUBLE FRONTED RESTAURANT in the region of 2,550 ft² with heavy duty carpeted floor, wall light & spot lights, Air conditioning with hot air. Bar with 1 draft, EPOS till.

Tables and chairs providing seating for 100 People.

Kitchen with stainless steel extractor unit, Chinese Cooker (8-burner), Oven, table top deep fryer (2 pan), fridges, freezers, dishwasher, Rational Oven, double sink and drainer, microwave.

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

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

2 Stock rooms

Walkin coldroom.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £28,000 p.w. with a Gross profit of 65% approx. (NO POSTALS)

Staff

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

Trading Hours

7 Day week
MONDAY, WEDNESDAY SATURDAY 12 noon - 2pm then 5.30pm - 10.30 PM
SUNDAY 6pm - 10.30pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating used by staff

Flat 1. The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

We are informed the council tax payable last year was £2,200 p.a. approx.

Flat 2. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

We are informed the council tax payable last year was £1,900 p.a. approx.

Outside

Covered rear yard

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £60,000 p.a. for the first 4 years.

Business Rates from April 2026 £10,750 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1988, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £545,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 272,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote