LONG ESTABLISHED CHINESE RESTAURANT WITH 5-BED ACCOMMODATION BERKSHIRE Reference No: E7642J

Price: £ 390,000
Description

LOCATION: Close to the world famous Ascot racecourse, Virginia Water and Windsor Great Park, 12 miles from Heathrow Airport, this area is rated amongst the top places to live within the UK. The high street is lined with interesting independents and ample free street parking.

DESCRIPTION:  The large corner restaurant (3,000 sq ft on ground floor) has a High Street entrance with the main bar and waiting area. The seating on the upper floor and lower has 100 covers. There are ladies and gents wc’s, a pantry area which leads through to a large kitchen with a wash up section and a walk in cold room. The door from the kitchen leads out to a dry store area/stockroom and a separate wine and beer cellar. A further rear door leads to the car park which hold 6/7 cars. The property has been newly decorated at the front with new upvc windows.

BUSINESS:Established 35 years and in the same hands for 31 years. It is run with 10 full time and 5 part time staff. Taking £18,769 pw at 66% g,p. Full accounts available. Genuine retirement sale, rarely available.

EQUIPMENT:  Fully fitted, alarmed with cctv and equipped for the trade comprising 3 Gamco double and single bar fridges, a Sammic glasswasher, a Melitta CS coffee machine, an upright wine fridge, a Hoshizaki ice machine, 2 large plate warmers, Pos system, 2x Foster chest freezers, 1x Foster double stainless steel frost free freezer, walk in cold room, Foster C2 stainless steel upright fridge, a single Foster upright frost free freezer, a stainless steel Foster worktop fridge, 1x 6 burner wok cooker (6 front and 5 back wok burners), a charcoal grill, dim sum Chinese steamer, small ice cream fridge, 6 stainless steel preparation table, rice cooker.

HOURS:  12:00 - 2:00 pm. and 5:30 pm - 10:30 pm.

ACCOMMODATION: Self contained 4 bed flat with additional entrance from restaurant and  fire doors throughout. Bed 1 (14,7 x 12.0), bed 2 (4.9 x 9.8), bed 3 (12.3 x 13.10), bed 4 (17.6 x 15.8), shower and  wc (5.8 x 8.10), separate wc (8.8 x 3.1), bed 5/store (19.9 x 10.0) Self contained 4 bed flat with additional entrance from restaurant and fire doors throughout. Bed 1 (14,7x 12.0), bed 2 (4.9 x 9.8), bed 3 (12.3 x 13.10), bed 4 (17.6 x 15.8), shower and wc (5.8 x 8.10), separate wc (8.8 x 3.1), bed 5/store (19.9 x 10.0)

TENURE: Renewable 15 year lease from 22 January 2014 with 5 yearly rent reviews at the rent of £58,000 pa. Reasonable Landlords. Rent increase at previous review was only £3,000 pa.

RATES:  £20,000 pa. payable.

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

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