| (REF: R2961) Well Established Licensed Restaurant & Tapas Bar |
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| Seller Reference: |
R2961 |
| B4S Reference: |
30016 |
| Asking Price: |
£75,000
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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 : At present Spanish & Continental 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 2 tables and 4 chairs
SPACIOUS SINGLE FRONTED RESTAURANT with tinted glass window, quality woodstrip floor, ceiling with inset spotlighting plus 4 hanging lights and wall lighting. 2 air conditioning units. Tables and chairs providing seating for 60 persons. From the Restaurant area there is a staircase to a first floor area utilized for storage purposes, in our opinion there is potential, subject to obtaining the necessary planning permission for this area to be extended to create a mezzanine area, which in our opinion would increase the seating capacity, if desired. ATTRACTIVE BAR with cool display section, electronic cash register (on rental), 3-door stainless steel counter fridge, stainless steel back-counter with sink, mirror-backed shelving, glasswasher, 2 group coffee machine, coffee grinder, stainless steel unit with sink, upright double door glass fronted drinks fridge.
Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
In addition there is a fully tiled disabled cloakroom with w.c. and wash hand basin
LARGE BASEMENT WITH COMMERCIAL KITCHEN dumb waiter to ground floor. The spacious kitchen with quarry tiled floor is well equipped including large stainless steel extractor, 2 6-burner gas cookers with double ovens, electric double deep fryer, 4 stainless steel tables, 2 single door stainless steel deep freezes, walk-in coldroom, small fridge, double sink and drainer, single sink and drainer, wash hand basin etc.
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full reparing and insuring lease at a rental of £27,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £4,000 p.a. approx.
THIS QUALITY RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, excellent trading position, sought after 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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CLOSED ALL DAY SUNDAY
Monday - evenings only - 6 p.m. - 11.30 p.m.
Tuesday - Saturday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m.
We are further advised that the business closes for the month of August each year for holidays. |
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At present operated by a lady vendor with the assistance of a relative plus 1 full time waitress and in the kitchen area 1 full time chef plus 1 part time kitchen porter. |
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