£95,000
(£77.24/sq. ft)
Restaurant for saleBroomfield Road, Chelmsford, Essex CM1
1,230 sq. ft
Leasehold
About this property
Lic'd Prem & Café (A3&A4)
1230 Approx Sq Ft
Leasehold
Description:
Long established Licenced Chinese Restaurant & Take Away. Currently set out for 50 covers, but 60 possible. In a total of some 1,230 sq.ft. Overall. Upper parts with staff mess room. Rear parking for 1 vehicle & a two storey store.
Property
A double fronted property, the ground floor in a total of 1,230 sq.ft. Including the kitchen/washing up area 350 sq.ft. In addition, there are ladies & gents WC's to the rear. Rear parking for 1 vehicle with a 2 storey store in 400 sq.ft. With walk-in fridge & walk-in freezer & outside staff WC. There are 4 staff rooms at 1st floor with a shower room/WC.
Features
Long Established Chinese Restaurant
Approx. 1230 Sq.Ft. Overall
50 Covers (60 Possible)
Rear Stores & Parking
1st Floor Staff/Mess Room
New Lease/Rent £32,500PA
Turnover
The accounts of the business for the year ended 5th April 2024 show sales of £523,466 (£10,000 per week) and an adjusted net profit of £92,770.
Trading Hours
Closed Mondays. Sunday & Tuesday to Thursday 12 noon till 2pm & 5pm till 10pm. Friday & Saturday 12 noon till 2pm & 5pm till 10.30pm.
Tenure
The landlord is willing to grant a new lease, on terms to be agreed, at a rent of £32,500pa.
Business Rates
The 2023 rating assessment shows an adopted value of £21,250, resulting in rates payable of approx. £10,500pa.
Legal Fees
Each party is to be responsible for their own legal fees.
Viewing
All viewing arrangements are by appointment only via Gerard Biagioni on .
Long established Licenced Chinese Restaurant & Take Away. Currently set out for 50 covers, but 60 possible. In a total of some 1,230 sq.ft. Overall. Upper parts with staff mess room. Rear parking for 1 vehicle & a two storey store.
Property
A double fronted property, the ground floor in a total of 1,230 sq.ft. Including the kitchen/washing up area 350 sq.ft. In addition, there are ladies & gents WC's to the rear. Rear parking for 1 vehicle with a 2 storey store in 400 sq.ft. With walk-in fridge & walk-in freezer & outside staff WC. There are 4 staff rooms at 1st floor with a shower room/WC.
Features
Long Established Chinese Restaurant
Approx. 1230 Sq.Ft. Overall
50 Covers (60 Possible)
Rear Stores & Parking
1st Floor Staff/Mess Room
New Lease/Rent £32,500PA
Turnover
The accounts of the business for the year ended 5th April 2024 show sales of £523,466 (£10,000 per week) and an adjusted net profit of £92,770.
Trading Hours
Closed Mondays. Sunday & Tuesday to Thursday 12 noon till 2pm & 5pm till 10pm. Friday & Saturday 12 noon till 2pm & 5pm till 10.30pm.
Tenure
The landlord is willing to grant a new lease, on terms to be agreed, at a rent of £32,500pa.
Business Rates
The 2023 rating assessment shows an adopted value of £21,250, resulting in rates payable of approx. £10,500pa.
Legal Fees
Each party is to be responsible for their own legal fees.
Viewing
All viewing arrangements are by appointment only via Gerard Biagioni on .
Mortgage calculator
Monthly repayment
£475 per month
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