| (REF: R7546) Spacious Licensed Restaurant |
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| Seller Reference: |
R7546 |
| B4S Reference: |
21671 |
| Asking Price: |
£85,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£182,000 |
| 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 : Shop front which can be fully opened, weather permitting.
Full Gas Fired Central Heating
Attractive Restaurant with ceramic tiled floor. Tables and chairs providing seating for 64 persons. Bar. Electronic cash register, 1 3-door glass fronted counter fridge, ice machine, 2 group coffee machine, glass washer, sink.
Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
Level kitchen with industrial non-slip floor. The equipment includes 6-burner gas cooker, barbecue grill, 1 upright stainless steel fridge, chest deep freeze, 2 stainless steel tables, dishwasher, gas pizza oven, walk-in coldroom etc.
WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendos potential for further increase in the right hands.
We understand the premises are held on a secure renewable lease having approx. 16 years unexpired at a rental of £10,200 p.a. exclusive of rates up to March, 2011, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,400 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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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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CLOSED ALL DAY MONDAY (however open Bank Holiday Mondays)
Tuesday - Thursday 5 p. m - 12 midnight
Friday - Sunday 12 noon - 12 midnight |
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The restaurant is at present operated by the vendor with the assistance of 2 full time plus 2 part time staff. |
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