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Reference R8475

Licensed Restaurant in North London For Sale

Licensed Restaurant in North London For Sale
Licensed Restaurant in North London For Sale Buy a Licensed Restaurant in North London For Sale Sell a Licensed Restaurant in North London For Sale Licensed Restaurant in North London For Sale for Sale Licensed Restaurant in North London For Sale for Sale Licensed Restaurant in North London For Sale for Sale Licensed Restaurant in North London For Sale for Sale Licensed Restaurant in North London For Sale for Sale Licensed Restaurant in North London For Sale for Sale

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

Turnover 3,500
Price 49,000

Features

Attractive well Fitted Licensed Restaurant

ATTRACTIVE RESTAURANT with woodstrip floor, ceiling & wall lighting. Air conditioning/heating unit. Tables & chairs providing seating for 55 persons. BAR, 1 double door plus 1 single door glass fronted fridge.

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

LEVEL KITCHEN with tiled floor, stainless steel extractor, 6-burner gas cooker, deep fryer, 4 double door stainless steel fridges, 4-door stainless steel counter fridge, double sink & drainer, wash hand basin etc.

Turnover

WE ARE INFORMED averages 3,500 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further increase in the right hands.

Staff

The restaurant is at present operated by a husband & wife team with the assistance in the kitchen area of 1 part time chef & in the restaurant area 1 full time plus 1 part time waiter. In addition there is 1 part time driver employed for deliveries.

Trading Hours

Wednesday, Thursday & Friday - 5.30 p.m. - 10 p.m.
Saturday & Sunday - 12 noon - 10.30 p.m.

Outside

Small yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a rental of 22,500 p.a. exclusive of rates up to November, 2018 with rent to be agreed thereafter.

Uniform Business Rates: 7,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR QUICK SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 49,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,500 (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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