Restaurant/cafe for sale in Blackburn Road, Haslingden, Rossendale BB4

£649,995
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Restaurant/cafe for sale
Tenure: Not available Council tax band: Not available

Property description

Ref 6668 – Freehold Chinese Restaurant & Accommodation
Blacks Brokers are pleased to bring to the market this freehold Chinese restaurant & accommodation located in a busy area of Haslingden, Lancashire.


Introduction


Sun Dragon Restaurant and Takeaway has been trading on Blackburn Road since 2001. Our client established the business to meet local demand for a quality Chinese eatery in this busy residential area. The restaurant is well known and has a good reputation in the area with a large base of regular customers and excellent reviews noted on Google and Trip Advisor.


Location


The business is positioned on a busy main road close to a number of residential properties and a large branch of Winfields and McDonalds. The area is well linked by the M66 with good public transport links and free parking in the immediate vicinity. Haslingden town centre is close by with good access to Rawtenstall, Ramsbottom and Accrington.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Staff


The business is currently operating with our client and partner working on a full time basis.


Financial details


Sun Dragon Restaurant and Takeaway has traded well during an impressive trading history. We are advised that the business currently has annual turnover of £48,305 with gross profit of £35,100. Full financial details are available upon viewing.


Business rates


The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This freehold business occupies a superb trading position on a busy main road and benefits from a large car park. There is plenty of scope to develop the business further with some modernisation, an increase of covers to around 120 and potentially the introduction of a drive through area which there is plenty of space for. New opening hours would also be beneficial with a team of staff to accommodate this and a delivery service in this area is in high demand. This business proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Planning permission has been granted to build four three-bedroomed semi-detached houses, so this proposition may also be of great interest to a property developer. Early viewings are very strongly advised. Business & Property: £649,995.

Please quote ref: 6668

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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