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(REF: R9371)  Well Equipped Fast Restauant Plus Takeaway
 
Seller Reference: R9371
B4S Reference: 07850
Asking Price: £160,000
Net Profit: Undisclosed
Sales Revenue: £260,000
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 : This established real taste restaurant is situated adjacent to a supermarket and with the advantage of a large car park in front of parade for approximately 40/50 cars and has 2 more car spaces at rear of the shop.

Front area with 1 table and 2 chairs and indeed there is space for an additional tables with 2 further chairs, if desired.

OPEN KITCHEN 50 seater FAST FOOD RESTAURANT. Previously trading as a Wimpy converted to Real Taste Retaurant with a late night licence.

SPACIOUS SINGLE FRONTED RESTAURANT with ceramic tiled floor, suspended ceiling with concealed lighting. Air conditioning. Fixed tables and chairs. Stainless steel canopy, solid wood counter with shelves, double chip fryer, 4-burner cooker, roast chicken oven, burger grill, 3 deep freezes, 3 fridges, 2 kebab burners, hot food display, microwave, double sink. Music system and 32 television and much more.

Storage space above ceiling.

Ladies and gentlemens cloakrooms each with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx. We understand there is no other Fast Food within a 1 mile radius.

We understand the premises are held on a 16 years full repairing and insuring lease from March, 2008 at a rental of £19,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

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

PERSONALLY INSPECTED IS HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, excellent trading postion, 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   
  8 a.m. - 1 a.m. seven days per week
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 6 full time staff. Wages paid £1,300 p.w. approx.





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