ATTRACTIVE LICENSED RESTAURANT
Price:
Leasehold - £89,000
Location:
London, North London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : At present French cuisine, which could obviously be continued and in our opinion there is potential for further types of cuisine, if desired.
SEATING FOR APPROXIMATELY 50 PERSONS ON GROUND & FIRST FLOOR
Entrance to SINGLE FRONTED GROUND FLOOR RESTAURANT with laminated strip floor, wall & ceiling lighting. Tables and chairs providing seating for 20 persons. BAR.
Disabled cloakroom with w.c. and wash hand basin
Stairs to first floor ADDITIONAL RESTAURANT AREA with woodstrip floor, ceiling lighting. Tables and chairs providing seating for an additional 30 persons.
Ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin
LEVEL KITCHEN with non-slip floor and fully equipped including stainless steel extractor system, stainless steel cladding to walls (cooking area), 4-burner gas cooker, single deep fryer, upright single door stainless steel fridge, 1 small stainless steel desert fridge, 1 small deep freeze, 2 drawer stainless steel fridge/freezer, double sink & drainer, wash hand basin, dishwasher etc.
WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £30,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in an excellent trading position, residential/commercial area, close to hospital, LONDON, NW
Lunches - Friday, Saturday & Sunday - 12 noon - 3 p.m.
Evenings - Tuesday - Sunday inclusive - 6
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