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Old established RESTAURANT plus HOT FOOD TAKEAWAY



  

Viewing is only via appointment please contact Nationwide Businesses on 020 8763 1777.

Location

Situated in a parade, excellent main road trading position, LONDON NW (Please register to make appointments and view addresses)

Features

This old established Restaurant has been in the same hands for the past 17 years and is operated as Indian cuisine, good takeaway trade plus a Restaurant seating area.

Ground floor including kitchen approx. 67.2 sq. metres

SINGLE FRONTED RESTAURANT, tiled floor, ceiling lighting. Air conditioned. Tables and chairs providing seating for 26 persons plus small breakfast bar with 2 stools.

Front area, long counter plus large cool display serveover counter.

Cooking area with stainless steel extractor unit, Tandoori oven, 4 microwave ovens, electronic cash register, wash hand basin plus sink.

Commercial kitchen at rear with quarry tiled floor, tiled walls. The equipment includes large 2-burner gas hob plus additional double burner, stainless steel extractor unit, stainless steel table, sink and drainer, walk-in coldroom, chest deep freeze.

Stockroom

Customer's cloakroom with w.c. and wash hand basin

From the Restaurant area there is a staircase to a large basement used for storage at present.

Turnover

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further development in the right hands.

Staff

The business is at present operated by the vendor with the assistance of 2 full time staff.

Opening Hours

Monday - Saturday inclusive - 12 noon - 11 p.m.
NO SUNDAY TRADING
(The Restaurant is also closed on all bank holidays)

Tenure

The vendor owns the leasehold property and subject to satisfactory references is prepared to grant a new 21 years full repairing and insuring lease at a rental of £32,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS CATERING PREMISES IN THIS EXCELLENT MAIN ROAD TRADING POSITION. IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 17 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference R8295

            

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Reference: R8295
Categories: Fast Food Restaurants
Restaurants
Chinese Restaurants
Indian Restaurants
Thai Restaurants
Location: North London
Turnover: £ 2,000 p.w.
Price: £ 49,500 (Leasehold)

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