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Reference R8079

Restaurant in Enfield For Sale

Restaurant in Enfield For Sale
Buy a Restaurant in Enfield For Sale Sell a Restaurant in Enfield For Sale Restaurant in Enfield For Sale for Sale Restaurant in Enfield For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, MIDDLESEX ENFIELD

Turnover 3,000
Price 65,000

Features

Attractive well Fitted Licensed Restaurant

At present Caribbean cuisine, which could obviously be continued & in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

ATTRACTIVE DOUBLE FRONTED RESTAURANT with tiled floor, ceiling & wall lighting. Tables & chairs providing seating for 27 persons. BAR with 2 under-counter chillers.

LARGE KITCHEN with tiled floor, partly tiled walls plus part stainless steel cladding to walls to cooking area, stainless steel extractor, 6-burner gas cooker with double oven, double door stainless steel fridge, double sink & drainer, walk-in chiller, 1 walk-in deep freezer.

Turnover

WE ARE INFORMED the turnover averages 3,000 p.w. including some takeaway, in our opinion offering tremendous potential for further development in the right hands.

Staff

At present operated by 1 partners with the assistance of 2 staff.

Trading Hours

Monday - Thursday inclusive - 1 p.m. - 8 p.m.
Friday & Saturday - 1 p.m. - 9 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of 1,765 per month, however we understand that vancant possession can be given on completion. The accommodation comprises:

2 Double Bedrooms plus 1 attic bedroom
Bathroom with bath, wash hand basin
Separate w.c.
Lounge (or additional bedroom)
Kitchen

Outside

Parking space for 5 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of 24,300 p.a. exclusive of rates for the next 1 year with rent to be agreed thereafter. (As will be appreciated with the current rental income from the accommodation of 22,140 p.a. the net rental payable at the present time is only 2,160 p.a. exclusive of rates).

Uniform Business Rates: Nil after 100% small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,500 (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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