Business for sale

Business description

Chinese restaurant plus hot food takeaway

Location this business is located in central london.

Turnover we are informed the turnover averages £2,000 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.

Price to include the secure lease, goodwill, fixtures & fittings £79,995 plus stock at valuation
substantial loan to an approved applicant

Features single fronted ground floor restaurant with tiled floor, ceiling lighting. Tables and chairs providing seating for 15 persons.

Level kitchen with non-slip floor. The equipment includes 3-burner chinese cooker, 1 microwave oven, 2 fridge/freezers, sink and drainer, wash hand basin.

Staff toilet and wash hand basin

Stairs to basement providing storage area with 1 deep freeze, 1 fridge/freezer

Staff the business is at present operated by the vendor with the assistance of 1 full time staff.

Opening hours monday - friday inclusive - 11.30 a.m. - 5.30 P.m.
Closed all day saturday & sunday
it will be appreciated upon inspection there is potential for additional opening hours.

Tenure we understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of £10,300 p.a. Exclusive of rates for the next 2 years, with rent review at that time and thereafter after the following 3 years.

Uniform business rates: £3,000 p.a. Approx.

Recommended for early inspection


reference : r8763