Price:
Leasehold - £65,000
Location:
London, South London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : At present Indian and Nepalese cuisine which could obviously be continued and, in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
SINGLE FRONTED RESTAURANT, with ceramic tiled floor. Tables and chairs providing seating for 25 persons. Small bar.
Ladies' & gentlemen's cloakrooms.
Level kitchen with non-slip floor. Equipment includes stainless steel extractor unit, tandoori oven, 6-burner gas cooker, microwave oven, stainless steel tables, double sink and drainer, wash hand basin, etc.
WE ARE INFORMED the turnover averages £4,000 p.w., in our opinion offering further potential to increase in the right hands.
WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 27 years unexpired, at a rental of £11,500 p.a. excl. of rates for the next 2 years, with rent review at that time and thereafter every 3 years.
Uniform business rates: £900 p.a. approx. (after small business relief).
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £65,000 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Situated in a parade, main road trading position, LONDON, SE
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