 | Quality Chinese Restaurant 90 covers For Sale Lichfield, Staffordshire, United Kingdom Advert ref: D435 FINANCIAL DETAILS | Asking price: £139,000 Sales revenue: £420,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer for sale this very impressive and extremely well fitted, large 90 cover quality Restaurant. Internal viewing is highly recommended.
Price reduced for quicker sale
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GENERAL INFORMATION | Property: Leasehold
Lease terms
We understand that the current 15 year lease has 12 years to run, at a current rent of £27,000 per annum.
Living accomodation
Ground Floor: Restaurant Area with 60 covers (107 sq meters) kitchen to the rear of the property. Male, Female and disabled toilets easily accessible from main areas.
Basement area with a further 30 covers.
1st floor consisting of 5 main rooms and 2 bathroom/toilets.
Stairs leading to 2nd floor consisting of 3 further rooms and bathroom/toilet.
Location
Situated in a visible position within Lichfield City Centre in a pedestrianised area, with the benefit of ample local car parking (Free after 6.00 pm).
Expansion potential
An ideal opportunity to
acquire a well established Restaurant
business which has yet to realise its true potential and continues to enjoy a growing reputation. Therefore a major opportunity exists for further development and expansion of this business, by introducing new menus, alternative cuisine and developing the takeaway trade which is currently less that 5% of the overall trade .
Financing available
If you need help or advice we will be pleased to put you in touch with our Finance Specialists who can help to fund the purchase of this type of business.
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
