Sushi Restaurant in West London For Sale

Situated in a parade, busy road, close to underground station, WEST LONDON

Turnover £ 2,000
Price £60,000

Features

Japanese Restaurant Renowned For Sushi

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 540 ft² with ELECTRIC SHUTTERS. CCTV. Tiled flooring, LED spotlights. Tables and chairs seating 20 persons. BAR. Electric cash register, under-counter fridge.

KITCHEN. Stainless steel extactor fan, rice cooker, double basket deep fat fryer, hob, 2 microwaves, 2 fridge/freezers, fridge, double sink with drainer, wash hand basin, stainless steel preparation table.

Customer cloakroom with toilet and wash hand basin

Basement in the region of 325 ft² used for spill over seating

Office

Dry store

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by 2 partners with 2 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 1 p.m - 9.30 p.m

Outside

Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £18,500 p.a.

Business Rates from April 2023 £1,150.76 approx. after snall business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote