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(REF: R2146)  Spacious Licensed Restaurant Plus Deliveries
 
Seller Reference: R2146
B4S Reference: 27100
Asking Price: £42,500
Net Profit: Undisclosed
Sales Revenue: £176,800
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: North London, London, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : At present Thai cuisine which could obviously be continued and in our opinion in view of the excellent trading position there is potential for other types of cuisine, if desired.

Front area with space for 4 tables and 8 chairs to -

SPACIOUS RESTAURANT, laminated strip floor, ceiling with inset lighting. Tables and chairs providing seating for 50 persons. Bar, mirror-backed shelving.

Ladies & gentlemens cloakrooms each with w.c. and wash hand basin

Cooking area with stainless steel cladding to walls plus tiled walls, 7-burner Chinese cooker, 2 rice cookers, double sink and drainer, 2 stainless steel tables, upright stainless steel deep freeze, upright stainless steel fridge, small upright deep freeze, fridge, hot cupboard, grill, 6-burner gas cooker, double deep fryer, 2 microwave ovens etc.

Staff cloakroom

Large basement with 3 rooms, mainly used for storage purposes plus and additional basement area with 2 further rooms

WE ARE INFORMED the turnover averages £3,400 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £10,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £42,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Small yard at rear
 
  Location: Situated in a parade, excellent trading position, just off main road, densely populated residential and commercial area, LONDON, N
  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   
  Monday - Sunday inclusive - 12 noon - 3 p.m. & 5 p.m. - 10 p.m.
  Summary of Staffing   
  The business is a family run concern with the assistance of 3 part time staff.





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