Property

Well Established Chinese Restaurant in Stratford Upon Avon

West Midlands - Stratford Upon Avon

Full Description:

Unique Business Broker is pleased to be working with the owner of Stratford Chinese Cuisine Restaurant in Stratfrod-Upon-Avon, on the sale of the business.

With the potential for circa 220 covers set over the first and ground floor this restaurant has been serving amazing Chinese food in Stratford-Upon-Avon for over 13 years. It is now with regret that the owner has decided to retire and pass the excellent reputation on.

The restaurant is situated at the top of the town centre and has car parking opposite.

The main dining room is approx 18.13 mtrs x 9.12 mtrs with toilets and a bar area approx 3.24 mtrs x 1.61 mtrs with a cold room behind approx 3.03 mtrs x 1.58 mtrs. A large buffet facility runs down the centre of the main dining room. There are WC facilities downstairs as well as the first floor.

With stairs to the first-floor a bar area meets you approx 3.79 mtrs x 1.61 mtrs leading to a separate dining area which could be used for parties & functions or private dining. Toilets off.

The kitchen is at the rear of the premises approx 8.91 mtrs x 4.54 mtrs with a purpose built 10 burner gas range, dishwasher, ice maker and staff toilets off. Walk in fridge and freezers with a prep room off approx 2.80 mtrs x 1.79 mtrs as well as a separate dry store approx 2.26 mtrs x 2.81 mtrs.

The restaurant closes during March - June for holidays so potential to increase sales is huge.

We understand that there are 7 years remaining on a 20-year lease with the rent set at £65,000 P/A with rates at £17,500 P/A.

There is an option to acquire the Freehold from the landlord and enquires for that will be addressed separately as the restaurant owner is not the landlord.

This really is a fantastic opportunity to acquire fantastic Chinese restaurant in busy Stratford-Upon-Avon.

Please direct all enquiries through our office and do not approach the owner directly.

 

Key Features:

  • Established Business
  • Amazing Location
  • Adjacent to Multiple Retailers
  • Fully Fitted
  • Accounts Available
  • Retirement Sale
  • Town Centre Location
  • Offer Invited

Tenure, Rent and Rates:

  • Tenure: Leasehold
  • Rent: £65,000 P/A
  • Rates: £17,500 P/A

Key Financials:

  • Asking Price: £190,000
  • Annual Turnover: Available Upon Request
  • Annual Net Profit: Available Upon Request
Reference: UNI850
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