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Reference R1858
Situated in a parade, excellent trading position, residential, office and commercial area, CENTRAL London
Turnover £ 17,000
Price
£250,000
Features
Licensed Restaurant & Deli
FORECOURT WITH SEATING FOR 12 PERSONS
6 DAYS OPENING
5 STAR HYGIENE RATING
DOUBLE FRONTED CORNER PREMISES in the region of 1,870 ft². Tiled floor. 2 air conditioning units with hot air. Tables and chairs providing seating for 48 persons. Cool display counter with refrigerated storage section, EPOS till, cool display counter, large commercial oven, prover, 3 glass display cabinets, 3 large display fridges, 2 large display freezers, 2-group coffee machine, coffee grinder, ice machine, 2 counter fridges, blender, toaster, panini machine. CCTV system (10 cameras, 2 monitor)
Ladies' & gentlemen's toilet with w.c. and wash hand basin
Basement in the region of 785 ft²
KITCHEN. Stainless steel extractor unit, 2 large bain maries, 2 refrigerated making tables,6-burner gas cooker, large mixer
Stock room with under-counter fridges, 2 freezers, etc
Walk-in coldroom
Walk-in freezer
Staff toilet with w.c. and wash hand basin
Office
Turnover
WE ARE INFORMED by the owner the turnover currently averages £17,000 p.w. with a gross profit of 65% approx. (£3,000 per week on deliveries)
Staff
The business is at present operated by the vendor on a management basis with 7 full time staff employed.
Trading Hours
6 Day week
MONDAY - SATURDAY 7 a.m - 12 midnight
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2019 with no rent reviews at a current rent of £65,000 p.a. plus VAT
Business Rates from April 2023 £5,500 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011 AND IS SOLELY OFFERED FOR SALE DUE TO PERSONAL REASONS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 125,000 (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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