Business for Sale Overview:
Advent Business Sales are pleased to offer to the market this 35 cover Chinese restaurant and take away, which is based in a 200 year old coaching inn.
As a Chinese restaurant, it was successfully established some 6 years ago but still has a public bar, lounge bar, pool room as well as the restaurant area.
To the rear of the pub is an open seating area, a huge car park with double garages, 3 unused stables and a substantial grassed garden with children’s play equipment.
It contains a well equipped Chinese kitchen with storage area, decor, fixtures and fittings are fit for purpose.
The equipment includes:
7 wok cooker and double deep fat fryer;
4 burner industrial cooker with oven;
Microwave;
Extraction hood;
Single sink double drainer;
Cold stainless steel servery with under fridge;
Warming cupboard;
Hand sink;
Double bowl;
Vegetable prep.
The business is staffed by the vendor, 2 full time and 3 part time employees.
The value of stock is approximately £3,000.
There is also a large family accommodation above the pub.
Trading Hours:
Take away:
Mon – Sat: 5.00pm – 11.00pm.
Sun: 5.00pm – 11.00pm.
Pub:
Mon – Sun: 5.00pm – 12 Midnight.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The pub’s length lies down the main street and has a deep paving before the roadway, allowing an outside area for seating.
The entrance is to the left hand side off center and leads to a lobby.
To the left is the public bar.
At the end of the lobby is a secondary bar area and to the rear a pool room with its own bar.
A passage now follows to the right of the pub, leading to both ladies and gents w/c’s as well as a rear storage area for the kitchen and a rear chilled ‘cellar’ further down the passage is the doorway to the car park and entrance to both kitchen and rear dining room bar, further from this bar is the dining room.
At the center of the front of the pub is a private entrance to a stairway to the living quarters, this also is a separate entrance to both kitchen and kitchen storage area.
The living quarters consist of 3 double bedrooms, a lounge area, kitchen/diner, single bedroom and a bathroom with w/c.
Tenure: Leasehold.
Original lease: 19 years.
Remaining lease: 12 years.
Review every: 3 years.
Rent: £1,900 per month.
We are advised that the annual business rates are currently: £2,200.
Market Competition and Expansion:
The business would increase substantially by advertising, opening up the car park and gardens for events such as fete’s and weddings. These thoughts alone could double or even possibly triple the turnover.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.