| (REF: R9500) Most Attractive Licensed Restaurant |
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| Seller Reference: |
R9500 |
| B4S Reference: |
21688 |
| Asking Price: |
£68,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£202,800 |
| 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 most attractive Licensed Restaurant established as Thai cuisine for approximately 20 years, which could obviously be continued and in our opinion there is potential for other types of cuisine if desired.
Forecourt area with space for 2 tables plus 6 chairs to -
SPACIOUS RESTAURANT, laminated strip floor, suspended ceiling with spotlighting. Air conditioning with heating. Tables and chairs providing seating for 48 persons. Attractive bar.
Ladies cloakroom with w.c. and wash hand basin
Stairs to basement
Gentlemens cloakroom with w.c. urinal and wash hand basin
Large commercial kitchen with dumb waiter to ground floor restaurant. The kitchen has a tiled floor and is well equipped including 7-burner Chinese cooker, 1 commercial plus 1 domestic microwave oven, 2 stainless steel fridges, 2 chest deep freezes, ice cream deep freeze, 2 upright deep freezes, stainless steel tables, double sink and drainer, grill, 2 deep fryers, hotplate etc.
WE ARE INFORMED the turnover averages £3,900/£4,500 p.w. including Takeaway & Delivery, in our opinion offering tremendous potential for further increase in the right hands.
We understand the premises are held on a secure renewable lease for a period of 15 years from the 15th June, 2003 at a rental of £24,000 p.a. exclusive of rates, fixed until June, 2018 with rent to be agreed thereafter.
Uniform Business Rates: £6,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTUERS & FITTINGS £68,500 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: |
Ground floor large covered storage area |
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Location: |
Situated in a parade, excellent main road trading position, residential and commercial area, 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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Evenings only - 6 p.m. - 11.30 p.m. (last orders)
It will be appreciated upon inspection that there is potential for lunch time opening, if desired. |
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The business is at present operated by the vendors with the assistance of 2 full time chefs plus 1 part time kitchen porter plus 2 part time waitresses. |
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