| (REF: R3146) Well Equipped Licensed Restauarant |
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| Seller Reference: |
R3146 |
| B4S Reference: |
32144 |
| Asking Price: |
£120,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£104,000 |
| 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 : Opened by the present owner approximately 4 months ago as Vegetarian cuisine, in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.
SINGLE FRONTED GROUND FLOOR SPACIOUS RESTAURANT with ceramic tiled floor, wall and ceiling lighting. Tables and chairs providing seating for 34 persons. BAR with fridge.
STAIRS TO BASEMENT providing further RESTAURANT AREA with wall and ceiling lighting. Tables and chairs providing seating for 54 persons.
Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
In addition staff cloakroom with w.c. and wash hand basin
GROUND FLOOR LEVEL KITCHEN with non-slip floor. The equipment includes 2-burner Chinese cooker, 2 large single burners, 1 3-burner gas cooker, walk-in coldroom, 5 fridges, 1 chest deep freeze, 1 upright deep freeze, double sink and drainer.
WE ARE INFORMED the turnover averages £2,000/£3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
We understand the premises are held on a secure lease, the present lease having approximately 24 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £3,200 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 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: |
Situated in a parade, busy road, 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 - Friday inclusive - 5 p.m. - 11 p.m.
Saturday & Sunday opening - 12 noon - 11.30 p.m. |
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The business is at present operated by the vendor with the assistance of 3 full time and 3 part time staff. |
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