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Reference R8187

Greek & Russian Restaurant in Enfield For Sale


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

Turnover 5,000
Price 120,000

Features

Attractive Licensed Restaurant

At present Greek & Russian cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

LAYBY IN FRONT OF PARADE

ATTRACTIVE DOUBLE FRONTED RESTAURANT. Laminated strip floor, ceiling lighting. 10 tables & 40 chairs. BAR with shelving, sink.

LEVEL KITCHEN with tiled floor, part tiled walls. The equipment includes 6-burner gas cooker with oven, 2 fridges, 1 deep freezer etc.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present operated by a lady vendor (who is a chef) with family help

Trading Hours

1 p.m. - 10.30 p.m. six days per week
CLOSED MONDAY

Outside

Small yard plus garage/storeroom with deep freezer

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of 15,000 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 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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