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(REF: R3170)  Spacious Bar With Restaurant With Full On Licence
 
Seller Reference: R3170
B4S Reference: 32544
Asking Price: £85,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: South London, London, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Front forecourt area with tables and bench seating for approximately 12 persons to -

SPACIOUS DOUBLE FRONTED BAR WITH RESTAURANT, ground floor area approx. 150 sq. metres. Tiled floor (Bar area) plus attractive woodstrip flooring, ceiling with inset lighting plus hanging lighting. Tables, armchairs plus chairs and upholstered bench seating providing seating for 80 persons plus ample standing. 1 attractive long bar with quality wood top, 2 T bar hand pumps plus 1 additional hand pump, stainless section with 2 open ice wells, computerised tills, 2 double door glass fronted counter fridges, 2 group coffee machine, coffee grinder, additional upright glass fronted small fridge.

OPEN PLAN LEVEL KITCHEN with high counter having tiled top. The kitchen is well equipped including stainless steel extractor, stainless steel cladding, 3-burner charcoal grill, 6-burner gas cooker, double deep fryer, 3-door stainless steel counter fridge, 2 stainless steel tables (1 with sink) etc.

Ladies cloakroom with 2 w.cs, wash hand basin
Gentlmens cloakroom with 2 w.cs, urinal, 2 wash hand basins

Stairs to large basement approximately 70 sq. metres with office, beer cellar plus storage area

WE UNDERSTAND the premises previously traded as a Nightclub and Cocktail Bar with music and have recently been opened as a Restaurant/Bar, in our opinion offering tremendous potential for development in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £40,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

We understand the landlord, subject to satisfactory references, will consider granting a new 25 years lease at terms and rent to be agreed.

Uniform Business Rates: £5,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, excellent trading position, opposite station, LONDON, SE
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  CLOSED ALL DAY MONDAY
Tuesday - Thursday inclusive - 4 p.m. - 11 p.m.
Friday - 4 p.m. - 2 a.m.
Saturday - 10 a.m. - 2 a.m.
Sunday opening - 10 a.m. - 10 p.m.
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 2 chefs plus 2 bar staff.





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