Recently opened RESTAURANT
Price:
Leasehold - £28,000
Location:
London, South London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : We understand the premises have A3/A5 use. We further understand the Restaurant was opened approx. 6 months ago and is at present Asian and Caribbean cuisine.
Tiled floor, ceiling lighting. Tables and chairs providing seating for 25 persons. Cool display serveover counter.
Open plan kitchen area with stainless steel extractor, griddle, 6-burner gas cooker, clay Tandoori oven, 2 stainless steel fridges, deep fryer, 1 chest deep freeze, American fridge/freezer, 2 double sinks with drainers etc.
Customer's cloakroom with w.c. and wash hand basin
In addition there is a staff toilet and wash hand basin
WE ARE INFORMED the turnover averages £2,000-£2,400 p.w. in our opinion offering tremendous potential for further increase in the right hands.
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £3,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £28,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Semi-detached, main road trading position, residential and commercial area, LONDON, SE
Monday - Saturday inclusive - 12 noon - 11 p.m.
Sunday opening - 12 noon - 8 p.m.
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