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Accommodation & Food services

Bars & Taverns

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, d cor, 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 EXPANSION POTENTIAL 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. FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 3,500 Gross Profit: 55% Split of 60% food 40% wet Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES 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 centre 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 centre 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: 1900 per month We are advised that the annual business rates are currently: 2200

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