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Reference R1465

Licensed Pizza Restaurant in Crystal Palace For Sale

Licensed Pizza Restaurant in Crystal Palace For Sale
Buy a Licensed Pizza Restaurant in Crystal Palace For Sale Sell a Licensed Pizza Restaurant in Crystal Palace For Sale Licensed Pizza Restaurant in Crystal Palace For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, SE LONDON CRYSTAL PALACE

Turnover £ 4,000
Price £85,000

Features

Well Fitted Licensed Pizza Restaurant

SPACIOUS RESTAURANT with exposed brickwork to 1 wall, attractive hanging lighting. Tables & chairs providing seating for 50 persons. BAR SERVERY with 2 hand pumps, 1 group coffee machine, coffee grinder, 2 under-counter fridges, 1 under-counter pizza fridge, wood fired pizza oven.

BASEMENT AREA with ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

PREPARATION AREA with dough mixer, gravity feed slicer, single sink & drainer, walk-in coldroom etc.

Large office

Turnover

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. We understand that Deliveroo are used for deliveries in the area.

Staff

The business is at present operated by the vendor part time with the assistance of 3 full time plus 1 part time staff employed.

Trading Hours

Monday - Friday inclusive - 5 p.m. - 10 p.m.
Saturday & Sunday - 12 noon - 11 p.m.

Tenure

We understand the premises are held on a secure renewable lease granted for 15 years in 2015 with reviews every 3 years (next review 2024), at a rent of £24,000 p.a.

2023 Uniform Business Rates: £2,000 p.a. approx.

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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