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Reference R9000

Restaurant in South London For Sale

Restaurant in South London For Sale
Restaurant in South London For Sale Buy a Restaurant in South London For Sale Sell a Restaurant in South London For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, SW LONDON

Turnover 4,000
Price 120,000

Features

Attractive Licensed Restaurant

At present Afro Caribbean cuisine & British Classic Food which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

GROUND FLOOR ATTRACTIVE & SPACIOUS RESTAURANT with woodstrip floor, ceiling with hanging lighting. Tables & chairs plus 2 settees providing seating for 40 persons (can be increased). BAR with hand pumps, 2 2-door glass fronted counter fridges, glasswasher.

Stairs to LARGE BASEMENT with quality tiled floor. Additional seating area which could accommodate 30/40 persons.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 3 urinals, wash hand basin

Additional staircase to SMALL BASEMENT KITCHEN the equipment includes stainless steel extractor system 6-burner gas cooker with oven, 3-door stainless steel counter fridge, double deep fryer, double sink & drainer, wash hand basin etc.

Turnover

WE ARE INFORMED the turnover averages 4,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by the owner with the assistance of 2 chefs, kitchen porterplus 2 additional staff in the restaurant area.

Trading Hours

Sunday - Thursday inclusive - 6 p.m. - 12 midnight
Friday & Saturday - 6 p.m. - 1 a.m.

Tenure

We understand the premises are held on a secure renewable lease, the lease having approximately 9 years unexpired at a rental of 27,500 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.

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

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 60,000 (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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