Old Established Chinese Restaurant in Surrey For Sale

Situated in a small parade, excellent main road trading position, residential, office and commercial area, Surrey.

Turnover £ 5,000
Price £100,000

Features

Old Established Licensed Chinese Restaurant

5 DAYS OPENING
No delivery or platforms.
5 STAR HYGIENE RATING.

SINGLE FRONTED PREMISES WITH CANOPY with carpeted (heavy duty) floor, spot lights. Bar, cash box, Tables and chairs providing seating for 45 People.

Toilet with w.c. and wash hand basin.

Kitchen with stainless steel extractor unit, Chinese Cooker (5-burner), Oven, Cooker (Gas 5-burner), 3 fridge, 5 freezer, stainless steel preparation tables, microwave, double sink and drainer, sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. . with a Gross profit of 65% approx. with a NET profit in the region of £60,000 approx (No Portals)

Staff

The business is at present operated by the Husband & Wife team with the assistance of 5 part time staff.

Trading Hours

5 Day week
MONDAY WEDNESDAY - SATURDAY 5.30pm - 9pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

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

Outside

Parking space for 1 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 2014 with reviews every 5 years (next review 2029) at a current rent of £20,000 p.a.

Business Rates from April 2026 £2,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote