Outstanding opportunity to acquire a superbly fitted Licensed Restaurant at present Greek cuisine plus seafood, which could obviously be continued, or indeed there is potential for other types of cuisine, if desired. The present owner has recently refurbished and modernised the premises at considerable expense.
Attractive patio area in front of Restaurant providing space for tables and chairs for approx. 20 persons.
Entrance to ground floor Restaurant with attractive stonework, marble type floor with wood strips. Tables and chairs providing seating for 35 persons. The walls of the restaurant have attractive stonework, which must be seen to be fully appreciated. Bar with wooden servery. Double door glass fronted counter fridge, upright glass fronted drinks fridge, sink and drainer, optics, shelving for glasses, wine rack.
Ceramic tiled ladies' cloakroom with w.c. and wash hand basin
Ceramic tiled gentlemen's cloakroom with w.c. and wash hand basin
To the front of the ground floor restaurant is a staircase to additional basement Restaurant, again with attractive stonework to the walls. Tables and chairs providing seating for an additional 30 persons.
Ground Floor - to the rear of the Restaurant is a level kitchen, all newly fitted to a very high standard, including stainless steel extractor unit, 6-burner gas cooker, large charcoal grill, 5 fridges, 3 deep freezes etc..
Turnover : in the region of £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit in excess of 65%.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Friday inclusive 12 noon - 3 p.m. & 5 p.m. - 12 midnight
Saturday & Sunday - 12 noon - 12 midnight
Number of Employees:
The Restaurant is at present operated by the vendor with the assistance of 3 full time plus 2 part time staff. In our opinion with an active husband and wife team, the wage bill could be reduced.
Number of bedrooms: 1
The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenancy and provides a rental income of £300 p.w. however, we understand that vacant possession can be given on completion. The accommodation, all modernised and with FULL GAS FIRED CENTRAL HEATING, comprises:
1 double bedroom
Bathroom with bath, w.c. and wash hand
Situated end of parade, occupying a corner position, sought after commercial and residential area, North West London
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