Chinese Restaurant and Bar for Sale

IBS are pleased to announce the listing of a well established Chinese restaurant situated in the centre of St Helens.

The establishment has been operating since 1989 and comes fully licensed: food license, on premises alcohol license, alcohol off license and an online alcohol trading license.

The main restaurant area which is fully air-conditioned and includes wheelchair access, can seat up to 60 covers. There is a fully fitted prep/wet bar, together with tea and specialist coffee making facilities.
The adjoining lounge/reception area can hold a further 30 covers and also has a prep/wet bar, where clients can enjoy pre-dinner and post-dinner drinks. Both bars have dedicated ice makers and glass washing equipment.
It also boasts a fully equipped, temperature controlled beer cellar, which can dispense 10 draughts, plus one cask point.
The lounge/reception area leads to a small garden at the rear.

There are four toilets: a ladies, a gents and two others providing wheelchair access.

The kitchens are fully fitted with 5 gas wok burners, commercial gas oven, 3 electric deep fat fryers, twin extractor fans, stainless steel refrigerator, hot crockery cupboard, refrigerated ingredient counter, dishwasher, fully fitted stainless commercial sinks, stainless steel tables, and a full sized butchering table.
Adjacent to the kitchen is a large chill room that offers two chilling zones; one for food and one for drinks.
Externally, there is a walk-in freezer room, chest freezer and storage facilities.

The upstairs/first floor of the property consists of 5 rooms which can be converted into 5 bedrooms together with two bathrooms, two kitchens- one of which incorporates a communal lounge/diner providing an opportunity to offer B&B or Airbnb.
It is also possible to develop the upstairs into two separate apartments, both with balconies.

A unique advantage of this property is the potential use of renewable energy source that will reduce the carbon footprint of the business.
There is also the potential of converting the first floor flat roof into a garden for the use of the residents.
Both of the above will add extra value to the property.

This business opportunity offers a two-part return on investment:
One is rent from both the restaurant business and the residential part of the building and/or acquisition of the restaurant business itself.

• The restaurant has a well established client base with over 80% being repeat clients.
• It is recognised by many leading publications as a premier restaurant and has an excellent rating on Tripadvisor & Google.
• The Restaurant on average caters for over 300 covers every week.
• The business also has a thriving online Meals at Home service, even without deliveries.

Full accounts are available on request, subject to qualification and an NDA being signed.