| (REF: R9012) Spacious Well Fitted Licensed Restaurant |
| |
| Seller Reference: |
R9012 |
| B4S Reference: |
03033 |
| Asking Price: |
£100,000
|
| Net Profit: |
Undisclosed |
| Sales Revenue: |
£78,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
| |
Nationwide are pleased to offer to the market : At present Italian and East African cuisine, which could obviously be continued, and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
SPACIOUS DOUBLE FRONTED RESTAURANT (front windows can be fully opened - weather permitting). Quality laminated strip floor, suspended ceiling with concealed lighting. Tables and chairs providing seating for 50 persons. Large bar, 2 group coffee machine, coffee grinder, mirror-backed shelving, glass fronted wine counter fridge.
Level kitchen with Rational combination electric oven, 2 6-burner gas cookers with double ovens, stainless steel extractor unit, double sink and drainer, chest deep freeze, open cool unit, steamer, microwave oven etc.
Fully tiled ladies cloakroom with w.c. and wash hand basin
Front staircase to spaciouse basement all in good order.
Large room in our opinion having potential to develop as an additional seating area for up to 40 persons.
Fully tiled gentlemens cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £1,500 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 for a period of 20 years from the 14th September, 2007 at a rental of £20,000 p.a. exclusive of rates up to September, 2012, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £4,000 p.a. approx. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED RESTAURANT IN THIS EXCELLENT MAIN ROAD TRADING POSITION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
|
| |
Property: |
Leasehold |
| |
| |
Living Accommodation: |
No |
| |
| |
Location: |
Situated in a parade, excellent main road trading position, LONDON |
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
| |
Sunday - Thursday inclusive - 4 p.m. - 11 p.m.
Friday & Saturday - 4 p.m. - 1 a.m. |
| |
The business is at present operated by a lady vendor with the assistance of family help. |
|
|
