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(REF: R8362)  Most Attractive Licensed Restaurant
 
Seller Reference: R8362
B4S Reference: 02612
Asking Price: £99,500
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
  Business Summary   
  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
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Large yard at rear
 
  Location: Situated in a parade, excellent trading position, good residential area, LONDON W
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  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.
  Summary of Staffing   
  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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