| (REF: R2106) Spacious Well Equipped Licensed Restaurant/Delicatessen |
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| Seller Reference: |
R2106 |
| B4S Reference: |
27127 |
| Asking Price: |
£280,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£832,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a spacious Restaurant catering for pizzas, pastas, sandwiches, paninis, salads.
Front area included in the lease providing space for tables and chairs for 20 persons. In addition there is a pavement area with space for an additional 2 tables and a maximum of 12 chairs (Licence Fee payable).
SPACIOUS RESTAURANT AREA with non-slip floor. Tables and chairs providing seating for 80 persons. 2 cool display serveover counters, computerised till, 3-group coffee machine, coffee grinder, 2 electric ovens.
OPEN PLAN PIZZA PREPARATION KITCHEN with 2-deck pizza oven, refrigerated making table with marble top, 2 stainless steel tables.
Disabled cloakroom with w.c. and wash hand basin
Ladies and gentlemens cloakrooms each with w.c. and wash hand basin
Rear storeroom
STAIRS TO BASEMENT KITCHEN with non-slip floor. The equipment includes 6 burner gas cooker, single deep fryer, 2 stainless steel fridges, microwaves, large grill, 2 double sinks with drainers etc.
WE ARE INFORMED the turnover currently averages £16,000 p.w. in our opinion offering further potential to increase in the right hands.
We understand the premises are held on a secure renewable lease, the present lease having approxiately 18 years unexpired at a rental of £32,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £9,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £280,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Excellent main road trading position, LONDON, N |
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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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Monday - Saturday inclusive - 8.30 a.m. - 11 p.m.
Sunday opening - 8.30 a.m. - 10.30 p.m. |
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The business is at present operated by the vendor on a part time basis with the assistance of 6 full time and 6 part time staff in respect of the Restaurant and Delicatessen area. Ground floor kitchen - 2 chefs plus 2 kitchen porters. Basement kitchen - 2 additional chefs. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced. |
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