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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
 

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

Outstanding opportunity to acquire a spacious Restaurant, at present South Indian & Sri Lanken 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.

We are advised by the vendor that the Restaurant has won an award as the best Sri Lanken Restaurant in the UK.

ATTRACTIVE LICENSED RESTAURANT refurbished and newly fitted approx. 2 years ago.

Front area with space for 2 tables and 6 chairs to -

SPACIOUS RESTAURANT (can be open front - weather permitting). Woodstrip floor, attractive ceiling with lighting. Tables and chairs providing seating for 40 persons. Bar with sink. Dumb waiter to kitchen.

Staircase to lower ground floor providing function room with woodstrip floor. Space for tables and chairs for approx. 28 persons.

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

Stairs to basement providng commercial kitchen with tiled floor and tiled walls. The equipment includes 2 6-burner gas cookers, 1 griddle, large stainless steel extractor, 3 stainless steel tables, stainless steel hot cupboard, 2 domestic microwave ovens, upright deep freeze, 1 chest deep freeze, walk-in coldroom, double sink and drainer, wash hand basin.

2 Dry Goods Stores
Wine Store
Staff changing room
Staff w.c. and wash hand basin

Doors from lower ground floor function room to rear paved area, has previously been used as beer garden with tables and benches providing seating for 30 persons, in our opinion having potential for development as an additional seating area.

WE ARE INFORMED the turnover is in the region of £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

The Restaurant is at present operated by a husband and wife team with the assistance of a full time chef plus 3 part time staff in respect of the restaurant area and 3 part time staff in respect of the kitchen area.

Lunches - Saturday & Sunday opening 12 noon - 3.30 p.m.
Evenings - 7 evenings per week - 5 p.m. - 11 p.m.

We understand the premises are held on a secure renewable lease having approximately 11 years unexpired at a rental of £31,200 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £7,738 p.a. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS in the region of £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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