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Reference R7028

Italian Restaurant in North London For Sale

Italian Restaurant in North London For Sale
Italian Restaurant in North London For Sale Buy a Italian Restaurant in North London For Sale

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

Turnover 9,000
Price 95,000

Features

Attractive Licensed Italian Restaurant (catering Mainly For Pasta & Pizzas)

Front area with space for 3 tables & 6 chairs

ATTRACTIVE SINGLE FRONTED RESTAURANT with tiled floor, ceiling with inset spotlighting. Air conditioning. Tables & chairs providing seating for 30 persons. Reception counter with touch screen till. Stone based gas pizza oven, 3-door refrigerated counter with refrigerated topping section, 3-door glass fronted counter fridge, automatic drinks machine.

REAR KITCHEN with non-slip floor, stainless steel cladding to walls. Well equipped including double sink & drainer with wash hand basin, upright single door fridge, 3-door stainless steel counter fridge with topping section, double deep fryer, 3-door stainless steel counter fridge, upright counter deep freezer etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 9,000 p.w. (including in the region of 2,500/3,000 p.w. in respect of deliveries).

Staff

At present operated by 1 of the partners on a full time basis plus an additional partner on a part time basis. Staff employed 1 full time chef plus 1 part time chef plus 2 part time girls.

Trading Hours

12 noon - 10.30 p.m. seven days per week

Tenure

We understand the premises are held on a 20 years lease from February, 2007 at a current rental of 28,000 p.a. exclusive of rates up to February, 2022 with rent to be agreed thereafter.

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

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 47,500 (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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