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Home Businesses Fast Food Restaurants South London Spacious Licensed Restaurant Plus Bar (Full On Lic...

Advert Ref : R2579 Fast Food Restaurants for sale in South London

Spacious Licensed Restaurant Plus Bar (Full On Licence)

Fast Food Restaurants,Restaurants,Other Takeaways,Wine bars for sale in South London

Photo 1 : Fast Food Restaurants in South London
Photo 2 : Restaurants in South London


Situated in a parade, excellent main road trading position, LONDON, SW

Features This Licensed Restaurant & Bar caters for breakfasts, lunches, snacks, burgers, salads, evening meals and has the advantage of a Full On Licence. We understand the licence enables the business to be open Sunday 1 a.m. Monday, Tuesday & Wednesday 12 midnight, Thursday 2 a.m. Friday & Saturday 3 a.m.

Front area with space for 4 tables and 8 chairs (Licence Fee payable to the Council).

ATTRACTIVE LICENSED RESTAURANT plus BAR (can be open front - weather permitting). Front area with tiled floor plus raised area with woodstrip floor, ceiling with inset spotlighting. Tables and chairs providing seating for 60 persons. Bar, 1 hand pump, 2 double door counter fridges, 1 single door counter fridge.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

LEVEL KITCHEN with tiled floor. 1 4-burner gas cooker plus 1 6-burner gas cooker, double deep fryer, stainless steel tables, 4 stainless steel fridges, 1 small deep freeze, 1 upright deep freeze, 1 chest deep freeze, double sink and drainer etc.
Turnover WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering further potentialt to increase in the right hands. (We understand the split of turnover is approximately 45% catering with the balance of 55% in respect of wet sales).
Staff At present mainly staff operated with 6 full time and 3 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Opening Hours 11 a.m. - 11 p.m. seven days per week
Tenure We understand the premises are held on a secure renewable lease from an Insurance Company, the present lease having approximately 6 years unexpired at a rental of 30,000 p.a. exclusive of rates up to October, 2013 with rent to be agreed thereafter.

Uniform Business Rates: 8,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED
Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Please call 020 8763 1777 for an appointment to view
Reference R2579

             

Fast Food RestaurantSelling your business? No sale No fee

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Fast Food Restaurants for sale in South London

Buy a Fast Food Restaurant business for sale in South London on NationwideBusinesses.co.uk
Business Summary
Reference: R2579
Accom: No
Turnover: 7,000 p.w.
Leasehold: 70,000
was 79,500

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Finance the Purchase
We can lend you up to 35,000 to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.


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