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Reference R8669

Pizza Restaurant in South London For Sale

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

Turnover 8,500
Price 149,000

Features

Licensed Pizza Restaurant

SINGLE FRONTED PREMISES with laminated strip floor. Tables & chairs providing seating for 30 persons. DISPENSE BAR.

LEVEL KITCHEN with tiled floor, pizza oven, 3-door refrigerated making table with refrigerated topping section, 1 fridge, deep freezer, double sink & drainer etc.

Basement with storage area

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 8,500 p.w. including takeaway. In addition there are some deliveries undertaken by the delivery company.

Staff

At present staff operated. Staff employed 2 chefs, 1 kitchen porter, 2 waitresses.

Trading Hours

12 noon - 11 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of 25,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 149,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 74,500 (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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