For Sale Profitable Oriental Buffet Restaurant

Impressive & spacious restaurant with laminated strip floor. Air conditioning. Tables & chairs providing seating for 80 persons. Service counter. Large buffet unit, upright glass fronted drinks fridge, 3 small glass fronted counter fridges.

Ladies’ cloakroom with w.c. & wash hand basin

Gentlemen’s cloakroom with w.c. & wash hand basin

Spacious level kitchen. The equipment includes 9-burner chinese cooker, 2 electric rice cookers, 3 chest deep freezers, 1 coldroom etc.

Turnover

Turnover is currently in the region of £10,000 p.w. In respect of buffets plus takeaways. In our opinion there is potential to introduce deliveries, if desired. In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary premises & personal licence.

Staff

The restaurant is at present operated by a husband & wife team with the assistance of 4 full time staff plus additional staff when required.

Trading hours

12 noon – 11 p.m. Seven days per week

Tenure

The premises are held on a secure renewable lease the present lease expiring in december, 2019 at a current rental of £35,000 p.a. Exclusive of rates. The lease is automatically renewable.

Uniform business rates: £18,500 p.a. Approx.

Recommended for early inspection

Price: To include the secure lease, goodwill, fixtures & fittings £180,000 plus stock at valuation

You snooze, you lose.