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Old Established Chinese Restaurant For Sale

Milton Keynes, Buckinghamshire, UK
Asking Price:
£160,000
Turnover:
£520,000
Net Profit:
Undisclosed

6 DAYS OPENING

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,520 ft² with carpeted (heavy duty) floor, ceiling with spot lights. Bar with 1 tap, cash register. Tables and chairs providing seating for 60 People, CCTV system (3 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Chinese Cooker (10-burner), Cooker (Gas 4-burner), 2 fridges, 2 freezers, 2 stainless steel preparation table, double sink and drainer.

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

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

2 x Stock room.

LOCATION: Situated in a Parade, prominent trading position, residential, office and commercial area, Buckinghamshire.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. (30% takeaway) with a Gross profit of 65% approx. (NO ONLINE SALES)

STAFFING: The business is at present operated by the vendor with 5 full time & 1 part time staff.

PRICE: TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £460,000 plus STOCK AT VALUATION

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold