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Reference R8645

Pizza Restaurant in Greenford For Sale

Pizza Restaurant in Greenford For Sale
Buy a Pizza Restaurant in Greenford For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, MIDDLESEX GREENFORD

Turnover 3,500
Price 115,000

Features

Superbly Fitted Pizza Restaurant

At present pizza, pasta & spaghetti, which could obviously be continued & in our opiniion there is potential for other types of cuisine, if deisred.

Front area with space for 2 tables & 8 chairs (Licence Fee payable we understand of 35 p.w).

Electric shutters & electric awnings to SPACIOUS RESTAURANT in the region of 1,200 sq. ft. Fully fitted & refurbished. Modern design. Wall panels & ceiling lighting plus ceiling spotlighting, quality tiled floor & wall tiles. Tables & chairs providing seating for 38 persons. Large food display fridge, small dessert display fridge, coffee machine, hotwater boiler.

OPEN PLAN COOKING AREA stainless steel extractor system, stainless steel cladding to walls, gas griddle, Double decked electric stone bake Pizza Oven, charcoal gas gril, 6-burner gas cooker with oven, double deep fryer, Tandoori oven, stainless steel counter fridge with refrigerated topping section, stainless steel table, double sink & drainer, dishwasher etc.

Store & Coldroom
Storage at rear & back entrance for deliveries

Turnover

We are informed the turnover is in the region of 3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The business is at present operated by the vendor (who is a chef) with the assistance of his wife & son 1 part time assistant.

Trading Hours

4 p.m.- 10 p.m. seven days per week

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, presently let at 1,400 per calandar month, however we understand vacant possession can be given on completion, if required. The FLAT comprises:

2 Bedrooms (1 double, single)
Shower room with shower, w.c. & wash hand basin
1 Large Lounge
Kitchen

Outside

Small yard

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease expiring in June, 2023 at a rental of 24,000 p.a. exclusive of rates up to June, 2021 with rent to be agreed thereafter. As will be appreciated with the current rental income from the accommodation of 17,400 p.a. the net rental payable at the present time is 10,600 p.a. (The assignment of the lease is subject to the landlord approving references and we understand that the landlord may require a rent deposit).

Uniform Business Rates: 6,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 57,500 (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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