 | Fully Licensed Chinese Restaurant and Take Away For Sale Sheffield, South Yorkshire, United Kingdom Advert ref: 1501GT FINANCIAL DETAILS | Asking price: £45,000 Sales revenue: £125,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | A superbly presented and extremely well equipped, fully licensed Chinese Restaurant and Take-Away offering an extensive and varied menu of traditional Chinese cuisine with, unusually, a wide selection of Vegetarian dishes. The restaurant occupies an enviable, highly prominent main road position in one of the city’s most popular, fashionable and busy areas.
‘Tim Po' is a spacious, high quality restaurant with an excellent reputation, well known in Sheffield culinary circles, with comfortably spaced seating for 60 customers. The restaurant , benefits from full, unrestricted A3 consent and is licensed for the retail of wines, beers and spirits until 12.30am. These premises have been firmly established as a variety of restaurants for many years and the layout, fixtures, fittings and location would easily suit any type of cuisine.
The restaurant was acquired by our client in 2002 and was fully refurbished and converted into a Chinese restaurant at considerable expense at that time. The business is easily managed and is, currently open over six evenings and six lunchtimes per week. The business is now regretfully offered for sale due to a change in our client’s circumstances, and represents a genuine and exciting opportunity for considerable further development by the fortunate new owner.
Premises:
The premises have been refurbished, equipped and fitted out by our client at a cost of circa £30,000.00, and briefly comprise:
Spacious, well laid out and tastefully presented, superbly equipped modern restaurant with seating for 60 customers, with a range of high quality, contemporary style fixtures and fittings including tables and chairs, crockery, glasses, eating utensils, table linen etc. Large, well stocked fish tank. Spacious, fully equipped separate bar area.
To the rear is a large kitchen, fully fitted with high quality professional catering appliances and equipment throughout. Separate storeroom with walk-in cold room. Ladies & Gents customer toilets.
Premises:
The premises have been refurbished, equipped and fitted out by our client at a cost of circa £30,000.00, and briefly comprise:
Spacious, well laid out and tastefully presented, superbly equipped modern restaurant with seating for 60 customers, with a range of high quality, contemporary style fixtures and fittings including tables and chairs, crockery, glasses, eating utensils, table linen etc. Large, well stocked fish tank. Spacious, fully equipped separate bar area.
To the rear is a large kitchen, fully fitted with high quality professional catering appliances and equipment throughout. Separate storeroom with walk-in cold room. Ladies & Gents customer toilets.
Viewing: Please telephone this office and we will arrange a suitable appointment time for both parties.
Offers: All offers are for the leasehold business, goodwill, fixtures and fittings and should be made to this office.
Finance: If you need help or advice please contact us. Our in-house Finance Department specialises in arranging funding for business purchases such as this.
Terms & Conditions: Please read our Terms & Conditions overleaf before proceeding.
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GENERAL INFORMATION | Property: Leasehold
Lease terms
The premises are held on a 10-year lease from 2002.
Rent: £1,375.00 per month.
Rates: £4,450.00 per annum.
Location
The business is extremely well known in the area and occupies an excellent, prominent & highly visible trading position on the city’s desirable, bustling, fashionable and cosmopolitan London Road, close to the city centre and at the heart of a pleasant and bustling residential and retail area, amidst a variety of mixed shops and businesses. There is ample Pay & Display parking immediately outside the premises.
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The Business Partnership - South Yorks, North Notts, North Derbys | | | |
