LICENCED CHINESE RESTAURANT, BERKSHIRE Reference No: E7615J

Price: £ 125,000
Description

LOCATION:  In a thriving affluent and busy picturesque country town with a seven hundred acre Conservation Park, the Kennet & Avon Canal flowing through it, a famous race course and golf course nearby. The restaurant is situated in the busy town centre close to Costa Coffee, the Co-op, Waitrose and all the local shops. There are good parking facilities in the area including just outside and within a 15 minute walk of the station.

DESCRIPTION: The Double fronted 1,500 sq ft restaurant has 60/75 covers with an additional side entrance for takeaways. Inside, the restaurant is laid out with a bar section and a separate takeaway section to the side and rear.

The 1st floor is the function/party room. Good size stockroom and ladies and gents wc’s. 2 car spaces are included with the premises.

BUSINESS: Established in 1987 and in the same hands since 1997,  the business is run by the family with one full time and 3 part time staff taking £7,500 pw at 65% g,p.

EQUIPMENT: Fully fitted and equipped restaurant and kitchen with a wash up section, a walk in cold room plus freezers and also a small storage area.

HOURS: Noon to 2 pm and 5 pm to 11 pm.

TENURE: New negotiable renewable 20 year lease is offered with 5 yearly rent reviews at an initial rent of £26,000 pa.

RATES: Small business rate relief.

VIEWINGS/NEGOTIATIONS: Strictly through PEGASUS BUSINESS SALES on 020 7935 3939  

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