| (REF: R1338) Spacious Restaurant |
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| Seller Reference: |
R1338 |
| B4S Reference: |
21640 |
| Asking Price: |
£95,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£364,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a well fitted Restaurant at present Lebanese cuisine, which could obviously be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
SPACIOUS RESTAURANT with ceramic tiled floor. Bar. Tables and chairs providing seating for 48 persons. Curved cool display serveover counter, electronic cash register, 3 group coffee machine, double door glass fronted counter fridge, illuminated menu board.
Customers cloakroom with w.c. and wash hand basin
Stairs to large basement with ceramic tiled floor. Additional Restaurant area having potential for tables and chairs for approx. 30 persons plus ample space for an additional Bar.
Kitchen with mainly stainless steel equipment. The equipment includes 2-door stainless steel counter fridge, 4-door stainless steel counter fridge, 4-burner gas cooker with oven, 6-burner gas cooker with oven, 2 deck pizza oven, Tandoori oven, double sink and drainer, large mixer, dishwasher, fridge/freezer, chest deep freeze, walk-in coldroom, sink and drainer.
Rear storeshed with shelving, 2 deep freezes
WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease for a period of 20 years from January, 2007 at a rental of £45,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £8,000 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Yard |
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Location: |
Situated in a parade, excellent main road trading position, LONDON SW |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday, Tuesday & Wednesday - 11 a.m. - 1 a.m.
Thursday, Friday & Saturday - 11 a.m. - 2 a.m.
Sunday opening - 11 a.m. - 12.30 a.m. |
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The business is at present staff run. Staff employed 2 full time plus 2 part time in respect of the Restaurant area, 2 full time chefs plus 1 full time driver. |
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