70+ Cover Chinese restaurant & Takeaway located in a Prime trading location which is Opposite a multi-story car park within the Busy town centre - Ipswich. The premises has been recognised as an Eating establishment since 1980 and has operated as a Chinese restaurant by our client for the last 7 years and has now brought the business to market with a Genuine reason for sale. The business is predominantly Staff run and it is Very well presented benefiting from Quality fixtures & Fittings along with being sold with a Full complement of equipment. Advised takings average between £11,000 - £14,000 per week with the usual High gross profit margins yielding Net profits over £65,000. Secure 20 year lease at a current rental of £20,500 per annum exclusive. We are advised the business rates payable are £7,500 per annum, but are currently exempt under Government Scheme. Early viewing advised.
- Asking Price:
- £99,500
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
