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Reference R1196

Well Fitted Steakhouse in East London For Sale

Well Fitted Steakhouse in East London For Sale
Well Fitted Steakhouse in East London For Sale Buy a Well Fitted Steakhouse in East London For Sale Sell a Well Fitted Steakhouse in East London For Sale Well Fitted Steakhouse in East London For Sale for Sale Well Fitted Steakhouse in East London For Sale for Sale Well Fitted Steakhouse in East London For Sale for Sale Well Fitted Steakhouse in East London For Sale for Sale Well Fitted Steakhouse in East London For Sale for Sale

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

Price £95,000

Features

Well Fitted Steakhouse Restaurant (closed)

FORECOURT WITH SEATING FOR 8

TOTAL SEATING 68

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,300 ft² with canopy. Tiled floor, suspended ceiling with spotlights. Air conditioning with hot air. Tables and chairs providing seating for 24 persons. Sales counter, EPOS till, 2 group coffee machine, ice machine, storage cabinet. CCTV system (6 cameras, 1 monitor).

KITCHEN with serving hatch, stainless steel extractor unit, 8 burner gas cooker, 4 fridge, 3 freezer, microwave, double sink and drainer, grill, 2 2-pan deep fryers, Rational cooker, hotplate, salad fridge.

Additional Tables and chairs providing seating for 10 persons

PREPARATION ROOM with dishwasher, preparation table, 2 large sinks, fridge.

Ladies' & Gentlemen's toilet with w.c. and wash hand basin.

SHISHA LOUNGE. Fridge, freezer with seating for 30 plus persons, with TV's.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 25 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £13,200 p.a.

Business Rates from April 2022 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £95,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (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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