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Reference R9881

Meze Restaurant in South London For Sale

Meze Restaurant in South London For Sale
Meze Restaurant in South London For Sale Buy a Meze Restaurant in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential, office and commercial area, SE LONDON

Turnover £ 2,250
Price £80,000

Features

Licensed Meze Restaurant

SINGLE FRONTED PREMISES in the region of 720 ft². Laminated strip floor, suspended ceiling with spotlights. Air conditioning with hot air. BAR, EPOS till. Tables and chairs providing seating for 45 persons.

OPEN PLAN KITCHEN. Stainless steel extractor unit, 3-burner charcoal grill, oven, 2-pan deep fryer, fridge, meat fridge, preparation tables, microwave oven, double sink and drainer.

Walk-in coldroom.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,250 p.w. with a Gross profit of 65% approx. (50% Deliveries)

Staff

The business is at present operated by a husband & wife team with 4 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 12.30am

Tenure

We understand, subject to satisfactory references, the landlord is prepared to grant a new 16 years lease with 4 yearly reviews at a rent of £18,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (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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