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Attractive and spacious well fitted LICENSED RESTAURANT (Full On Licence)

Price:
Leasehold - £78,500
Turnover:
Register to view
Seller Ref:
R2489
Location:

Middlesex

Business Type:

Food Service Businesses

See Other:
Other takeaways for sale in Middlesex
Fast food restaurants for sale in Middlesex
Restaurants for sale in Middlesex
Food service businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : At present Mediterranean cuisine, which could obviously be continued and in view of the excellent trading position in our view there is potential for other types of cuisine, if desired.

Front area with 4 tables 8 chars (Licence Fee payable) to -

DOUBLE FRONTED RESTAURANT with double door. Full Gas Fired Central Heating. New marble tiled floor, ceiling lighting, air conditioning. Tables and chairs providing seating for 64 persons. Clay oven (not used at present). Bar with marble front, mirror-backed shelving, triple door glass fronted counter fridge, sink.

Level kitchen with tiled floor, 6-burner gas cooker with double oven, charcoal grill, salamander grill, pizza oven, coldroom, stainless steel fridge, 2 small additional fridges, 2 chest deep freezes, double sink and drainer, wash hand basin etc.

Rear store area

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,500/£3,000 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 19 years unexpired at a rental of £18,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £8,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBY FITTED LICENSED RESTAURANT IN THIS EXCELLENT TRADING POSITION. IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £78,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, MIDDLESEX
Trading Hours:
11 a.m. - 11 p.m. seven days per week
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