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Spacious RESTAURANT

 
Business Summary:
Reference : R8772
Categories : Fast Food Restaurants
Restaurants
Chinese Restaurants
Thai Restaurants
Location : South London
Turnover : £ 6,500 p.w.
Price : £ 180,000 (Leasehold)

   

No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Location

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

Features

Outstanding opportunity to acquire a well fitted Restaurant at present Lebanese cuisine, which could obviously be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

SPACIOUS RESTAURANT with ceramic tiled floor. Tables and chairs providing seating for 48 persons. Curved cool display serveover counter, electronic cash register, 3 group coffee machine, double door glass fronted counter fridge, illuminated menu board.

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

Stairs to large basement with ceramic tiled floor. Additional Restaurant area having potential for tables and chairs for approx. 30 persons.

Kitchen with mainly stainless steel equipment. The equipment includes 2-door stainless steel counter fridge, 4-door stainless steel counter fridge, 4-burner gas cooker with oven, 6-burner gas cooker with oven, 2 deck pizza oven, Tandoori oven, double sink and drainer, large mixer, dishwasher, fridge/freezer, chest deep freeze, walk-in coldroom, sink and drainer.

Rear storeshed with shelving, 2 deep freezes

Turnover

WE ARE INFORMED the turnover averages £6,000/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Staff

The business is at present staff run. Staff employed 2 full time plus 2 part time in respect of the Restaurant area, 2 full time chefs plus 1 full time driver.

Opening Hours

Monday, Tuesday & Wednesday - 11 a.m. - 1 a.m.
Thursday, Friday & Saturday - 11 a.m. - 2 a.m.
Sunday opening - 11 a.m. - 12.30 a.m.

Outside

Yard

Tenure

We understand the premises are held on a secure renewable lease for a period of 20 years from January, 2007 at a rental of £45,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £8,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference : R8772

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