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Reference R8833

Vegan Restaurant in South London For Sale

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

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

Turnover 6,500
Price 125,000

Features

Licensed Vegan Restaurant

Recently established as Vegan cuisine catering for burgers, wraps, chips, smoothies, milkshakes etc. which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

Front area with space for tables & chairs for approximately 20 persons (Licence Fee payable currently of 400 p.a).

SINGLE FRONTED RESTAURANT with tiled floor. Window bar with 4 high chairs plus tables & chairs providing seating for a total of 20 persons (can be increased). Counter, filter coffee machine, extractor system, 2 electric grills, double deep fryer, 3-door stainless steel counter fridge, double door stainless steel fridge, upright glass fronted fridge.

Cloakroom with w.c. & wash hand basin

Stairs to basement with Altro non-slip floor. PREPARATION KITCHEN with 1 chest deep freezer, 1 upright deep freezer, stainless steel single door fridge, double sink & drainer.

Office
Staff w.c. & wash hand basin

Turnover

WE UNDERSTAND the restaurant commenced trading in approximately August, 2018 & we are informed the turnover is currently in the region of 6,500 p.w. including takeaway & some deliveries undertaken by Deliveroo & Ubereats. In our opinion the business offers tremendous potential for further development in the right hands.

Staff

The business is at present operated by the vendor with the assistance of 3 full time & 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 11 a.m. - 9 p.m.
Sunday opening - 11 a.m. - 6 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 19 unexpired at a rental of 36,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 8,500 p.a. approx. (under review at present & the present tenant hopes for a reduction)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 125,000 plus STOCK AT VALUATON
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 62,500 (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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