| (REF: R3079) Well Appointed Licensed Restaurant |
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| Seller Reference: |
R3079 |
| B4S Reference: |
31522 |
| Asking Price: |
£110,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Indian cuisine for the past 15/20 years, which could obviously be continued and in our opinion in view of the excellent main road trading position there is potential for other cuisines if desired.
ATTRACTIVE SINGLE FRONTED RESTAURANT we understand refurbished last year. Woodstrip floor. Air conditioning/Heating. Quality tables and chairs providing seating for 40 persons. BAR touch screen computer system for ordering, in addition there is an on line ordering system.
Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
LEVEL KITCHEN with tiled floor and well equipped including Tandoori oven, 9-burner gas cooker with 2 ovens, 1 large hotplate, 2 stainless steel tables, 3 deep freezes, 1 upright double door stainless steel fridge, double sink and drainer etc.
3 Stockrooms
Staff w.c. and wash hand basin
WE ARE INFORMED the turnover averages £4,000/£4,500 p.w. Gross profit 60% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,300 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Yard at rear |
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Location: |
Situated in a parade, busy road, sought after residential area LONDON, SE |
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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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Evenings - Sunday - Thursday inclusive - 5 p.m. - 11 p.m.
Friday & Saturday - 5 p.m. - 12 midnight |
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The business is at present operated by the vendor with the assistance of 2 waiters plus 1 driver. Kitchen area 2 chefs plus 1 kitchen porter. |
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