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A3 Restaurant

Price:
Leasehold - £250,000
Turnover:
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Seller Ref:
CL001164
Location:

London, City of London, London

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
A3 restaurant serving a range of European style cuisine, specialising in Fish, which has been established on the site by the current owner since 1996. The restaurant benefits from seating in total for 60 covers. This very profitable business is operated by the owner with the assistance of various staff with a wage bill of c£3,000 per week.

Advised turnover for the Summer months up to £17,000 per week and as low as £8,000 per week during the Winter months. The seller advises that the average over the year to be in the region of £12,000 per week.
Location Details:
Located in the heart of the West End, in close proximity to both Oxford Street and Regent Street. Surrounded by many offices and showrooms of the fashion industry, IT companies and Advertising Agencies. Heavy footfall of passing trade derived from office workers, shoppers and tourists.
Lease Terms:
A new lease, terms to be agreed, will be granted to any suitable purchaser. Rates c£13,000 per annum There are 2 options regarding rent Rent £45,000 pa - with Premium of £250,000 or Rent £25,000 with Premium of £325,000
Trading Hours:
Lunch and Evening trade - Seven days a week
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