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Reference R8667

Licensed Fast Food Restaurant in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, SOUTH WEST LONDON not far from Richmond, Surrey.

Turnover £ 8,000
Price £175,000

Features

Licensed Brunch Cafe / Restaurant

Front outside area with space for 2 tables & 4 chairs to -

SPACIOUS CAFÉ/RESTAURANT with tiled floor, ceiling with hanging lighting. Tables & chairs plus upholstered bench seating for 70 persons. Large counter, 3-group coffee machine, coffee grinder, stainless steel extractor with stainless steel cladding to cooking area, 4-burner electric cooker with oven, 2 deep fryers, electric grill, 3 stainless steel counter fridges, 2 glass fronted double door counter fridges etc.

Customers'/disabled cloakroom with w.c. & wash hand basin

BASEMENT with upright deep freezer, upright fridge, 3-door stainless steel counter fridge, double sink

Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of £8,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by 1 of the owners on a part time basis with 2 full time chefs, 1 kitchen porter. Restaurant area 2 full time waiters, 2 part time waiters.

Trading Hours

Sunday - 7.30 a.m. - 4 p.m.
Monday - Saturday inclusive - 7 a.m. - 5 p.m.
In addition Wednesday - Saturday the business also opens in the evening from 5.30 p.m. - 9.30 p.m.

Outside

Attractive paved garden with tables & chairs for an additional 20 persons.

Tenure

We understand the premises are held on a new 10 years lease from November, 2017 at a rental of £35,000 p.a. exclusive of rates up to November, 2022 with rent to be agreed thereafter.

Uniform Business Rates: £10,800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 87,500 (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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