| (REF: R8362) Most Attractive Licensed Restaurant |
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| Seller Reference: |
R8362 |
| B4S Reference: |
02612 |
| Asking Price: |
£99,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£156,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Outstanding opportunity to acquire an attractive Licensed Restaurant Lebanese cuisine for the last 14 years, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired.
SPACIOUS SINGLE FRONTED RESTAURANT with ceiling lighting, woodstrip floor. Tables and chairs providing seating for 30 persons. Attractive oak bar/servery with sink, ice maker, 4-burner gas cooker, upright double door counter fridge.
Stairs to spacious basement with woodstrip floor, spot and wall lighting. Tables and chairs providing seating for 40 persons.
Ladies and gentlemens cloakrooms each with w.c. and wash hand basin
In addition in the basement is a stockroom with chest deep freeze
Ground floor level kitchen with tiled floor, tiled walls. The equipment includes stainless steel extractor unit, 6-burner gas cooker, single deep fryer, 2 grills, 4 fridges, 2 upright deep freezes, double sink and drainer, dishwasher etc.
WE ARE INFORMED the turnover averages £3,000 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, the present lease expiring in March, 2015 at a rental of £15,500 p.a. exclusive of rates up to March, 2010, with rent to be agreed thereafter.
Uniform Business Rates: £4,600 p.a. approx. + water rates
AS STATED THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 14 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS ILL HEALTH.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 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: |
Large yard at rear |
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Location: |
Situated in a parade, excellent trading position, good residential area, LONDON W |
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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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Tuesday - Thursday inclusive - 5 p.m. - 11 p.m. Friday & Saturday - 12 noon - 11 p.m. CLOSED ALL DAY SUNDAY & MONDAY It will be appreciated upon inspection that there is potential for additional opening hours. |
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The Restaurant is at present operated by a lady vendor with the assistance of 1 full time plus 2 part time staff. |
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