| Licensed Restaurant |
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| B4S Reference: |
26170 |
| Asking Price: |
£25,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£120,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Colindale, North West London, United Kingdom |
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This business is situated on a primary parade of shops along a slip road off the Edgware Road (A5) in Colindale, close to the Snooker Club. There is very good foot traffic and the restaurant is very visible to passers by along Edgware Road. Ample parking is available along the parade and in the surrounding area.
This is a very long established restaurant, currently serving Indian & African cuisine. The restaurant has a good loyal local customer base. A facelift to the Restaurant and aggressive marketing would certainly make it a very profitable business. Home delivery could improve the Business further. This is an excellent business opportunity for the right person.
Occupancy:
* Restaurant with Alcohol Licence
Opening Hours:
* Mon - Sun: 11.00 – 23.30
Current Annual Turnover:
* £120,000 pa (Approx)
Business Area: 440 sq ft ( 40 sq m) (Approx)
* Bar & Counter, Carpeted floors, Seating Capacity - 32
Kitchen: 200 sq ft (20 sq m) (Approx)
* Fitted, clean and functional kitchen to accommodate 3 chefs
Other Areas:
* Gents and Ladies Toilet
* Store – 140 sq ft (14 sq m)
Tenure:
* Leasehold
Lease Details:
* The Business is held on a 15 years lease with rent reviews every 5 years. There are 14 years left on the lease.
Rent Details:
* £14,000 pa
Business Rates:
* £3,000 pa (Approx)
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Property: |
Leasehold |
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Lease Terms: |
The Business is held on a 15 years lease with rent reviews every 5 years. There are 14 years left on the lease. |
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Current Rent: |
14000 |
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Living Accommodation: |
No |
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Location: |
This business is situated on a primary parade of shops along a slip road off the Edgware Road (A5) in Colindale, close to the Snooker Club. There is very good foot traffic and the restaurant is very visible to passers by along Edgware Road. Ample parking is available along the parade and in the surrounding area. |
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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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