Popular and successful Cantonese restaurant near Hyde Park and Paddington. Good local connections. High net worth neighborhood and high tourist footfall in peak months with many hotels in the area. Good reviews. Private downstairs room or overflow dining capacity in basement. Three toilets and two storage rooms. Near Lancaster Gate Tube.
- Asking Price:
- £198,000 Furniture / Fixtures included
- Turnover:
- £430,000
- Net Profit:
- On request
Property Information
- Property:
-
Leasehold
- Leasehold Rent:
-
£78,000 per annum
- Location:
-
High net worth residential and tourist area.
- Premises Details:
-
Ground floor and basement commercial premises.
Business Operation
- Management type:
- This business is owner operated.
- Competition / Market:
-
There are other restaurants in the area but we are the only Chinese in the immediate vincinty.
- Reasons for selling:
-
Retirement
- Trading hours:
-
11.30-23.00 7 days.
- Employees:
- 2
- Years established:
- 2.5 years
Other Information
- Support & training:
-
Yes on request.
- Furniture / Fixtures value:
- £30,000 - included in the asking price
