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07 June 2016 | Restaurants

Lease for sale on popular Cantonese restaurant in Salisbury

Established family-run business, The Jade Restaurant, situated in the heart of the cathedral city of Salisbury is looking for a new owner through property adviser, Christie & Co.

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The 50-cover mid-terrace restaurant, which has been under the same ownership for over 30 years, offers a restaurant and take-away service featuring a selection of Cantonese and seafood dishes. It also comes with two bedroom owners’/staff accommodation with separate access to the rear, offering the potential to lease the first floor flat.

With a strong local following and a friendly team of staff in place, The Jade Restaurant is a profitable opportunity for either a first time applicant or an existing operator looking to expand into the historic city.

Richard Wood, Business Agent at Christie & Co who is handling the sale comments: “This independent restaurant offers a unique opportunity to acquire a brand new free of tie lease with owners’ accommodation.

“The location is highly sought after for restaurateurs and we expect strong interest from existing local operators as well as others looking to acquire a successful business in central Salisbury.”

An asking price of £75,000 with an annual rent of £30,000 is being sought on a new leasehold basis.