Licensed Restaurant in North London For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area NORTH LONDON

Price £59,000

Features

Licensed Kebab Takeaway & Restaurant (closed)

PREMISES approximately 40 square metres. 3 counter tables, 3 customer tables, 9 chairs. Salad display frige 180cm, standing drinks fridge. CCTV 4 cameras.

The equipment includes 400cm ventilation, 2 kabab machines, Valentine electric fryer, evo 2200, gas gill, bain marie, 2 vertical freezers, 1 chiller fridge, sink.

Turnover

WHEN TRADING the turnover averaged £3,000/£5,000 p.w.

Tenure

We understand the premises are held on a 20 years renewale lease granted in 2022 at a rent of £17,000 p.a with reviews every 4 years

Uniform Business Rates: Nil payable at present (Please contract local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020 AND SOLELY OFFERED FOR SALE DUE TO ILL HEALTH

Price

TO INCLUDE THE RENEWABLE LEASE, FIXTURES AND FITTINGS £59,000 subject to contract.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 29,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote