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Spacious Established Licensed Chinese Restaurant And Takeaway For Sale

Bishops Stortford, Hertfordshire, UK
Asking Price:
£199,500
Turnover:
£728,000
Net Profit:
Undisclosed

Established by the present owners approx. 39 years ago as Chinese cuisine, this cuisine could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine if desired.

SPACIOUS RESTAURANT, recently refurbished, with stone tiled floor, ceiling lighting plus wall lighting. Tables and chairs providing seating for 60/70 persons. Long bar with marble top, 2 single door counter fridges, sink, glasswasher, computer system, mirror-backed shelving.

Fully tiled ladies cloakroom with w.c. and wash hand basin

Fully tiled gentlemen's cloakroom with urinal, w.c. and wash hand basin

Level kitchen with quarry tiled floor. The equipment includes 5-burner Chinese cooker, double basket deep fryer, oven, stainless steel tables, double sink and drainer, wash hand basin, walk-in coldroom, 1 domestic microwave oven.

Large storeroom

Staff w.c.

Laundry room with washing machine and tumble dryer

LOCATION: Excellent main road trading position, close to town centre, HERTFORDSHIRE

TURNOVER: WE ARE INFORMED the turnover averages £14,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

ACCOMMODATION: YES, accommodation is included, you must click the 'Contact Broker' button for additional details.

STAFFING: The business is at present operated by the vendor's wife with the assistance in the Restaurant of 3 full time waiting staff plus 2 part time additional waiting staff at weekends. Kitchen area - 3 chefs plus 2 part time additional kitchen staff at weekends.

PRICE: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £199,500 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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

Property Information

Property:

Leasehold

Living Accommodation:

Accomodation Included