FinanceYou can borrow
£ 37,500 (lease)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Situated in a parade, excellent main road trading position, residential and commercial area, LONDON W
Features
Attractive single fronted Ground Floor Restaurant with laminated strip floor. Tables and chairs providing seating for 24 persons (can be increased to 32 persons). Ceiling lighting. Bar.
Stairs to basement providing an additional Restaurant area ideal for parties with tiled floor. Tables and chairs providing seating for 36 persons.
Ground floor level kitchen with industrial non-slip floor. The equipment includes Tandoori oven, 8-burner gas cooker, microwave oven, fridge, freezer, 3 stainless steel tables, double sink and drainer etc.
Ladies' and gentlemen's cloakrooms
Turnover
WE ARE INFORMED the turnover averages £3,200 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Staff
The Restaurant is at present operated by 1 of the partners with the assistance of 3 full time and 3 part time staff Wages paid in the region of £1,100 p.w.
Opening Hours
Tuesday - Sunday inclusive 12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m.
CLOSED ALL DAY MONDAY
Tenure
We understand the premises are held on a secure renewable lease having approx. 15 years unexpired at a rental of £23,000 p.a. exclusive of rates up to September, 2009, with rent reviews every 5 years.
Uniform Business Rates: £2,200 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing
Please call 020 8763 1777 for an appointment to view
Selling your business?
No sale No fee