Price:
Leasehold - £40,000
Location:
London, South London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Spacious single fronted premises.
Customer's area with wooden floor, counter.
Level kitchen with non-slip floor. The equipment includes Tandoori oven, 2 6-burner cookers with ovens, 1 large stainless steel fridge, deep freeze, stainless steel work tables, double sink and drainer, wash hand basin etc.
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands, especially with the introduction of pizza delivery service. Gross profit 60% approx.
We understand the premises are held on a new 21 years full repairing and insuring lease with 20 years unexpired at a rental of £13,000 p.a. with a rent review in 2 years and every 3 years there after.
Uniform Business Rates; £1,037.85 p.a.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Terraced property, main road trading position, residential area, SOUTH EAST LONDON/KENT BORDERS
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 £700 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
2 Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Yard at rear
UK Non-Specific
£ 800,000
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