COCKFOSTERS HERTFORDSHIRE 100 COVER RESTAURANT FOR SALE

Price:

Leasehold - £250,000

Turnover:

Seller Ref:

LR8531

Location:

Hertfordshire , Cockfosters

Business Type:

Food Service Businesses

See Other:

Restaurants for sale in Hertfordshire
Food service businesses for sale in Hertfordshire

Description:

THE BUSINESS:

A very handsome Restaurant, which occupies an enviable boulevard style location. Other occupiers on the parade include Barclays Bank Plc and William Hill. The Restaurant offers a comprehensive range of Greek food with special Sunday lunches.

In a total of approx 1,100 sq.ft. Glazed entrance providing access to an open plan grill style kitchen to the right hand flank wall. This comprises the primary kitchen serving the Restaurant. Passageway with occasional seating provides access to the principal dining areas with covers for 100. Very nicely decorated with a fully tiled floor and sound system for party nights. Steps at the rear to a slightly higher secondary dining area with feature drinks bar & servery. Behind this are fabulously fitted WC facilities for Ladies, Gents and Disabled persons. Hallway with dumb waiter lift to the basement. Rear access to a yard with parking space and a service road for deliveries. Staircase down to:

Basement: This comprises secondary fully equipped kitchen with a large burner and oven with extraction canopy above. Numerous stainless steel work tables and partly stainless steel clad walls. To the rear there is a store room with staff locker cabinets, a walk in Coldroom and an Office/Wine Store, which also houses the CCTV system.

Location Details:

Cockfosters is a suburb of North London, lying partly in the London Borough of Enfield and partly in the London Borough of Barnet. The counties of Hertfordshire and Middlesex respectively (in which Cockfosters was located pre-1965) are still used in postal addresses. The name has been recorded as far back as 1524, and is thought to be either the name of a family, or that of a house which stood on Enfield Chase.

Lease Terms:

Renewable lease granted for 15 years from 2008, subject to 5 yearly rent reviews. Rent £40,000 per annum.

Trading Hours:

Monday to Sunday from 5pm till 11pm and on Sundays for lunch.

Accommodation:

This comprises a self contained flat at 1st & 2nd floor levels with 3 bedrooms, domestic kitchen, lounge and bathroom with a wc. These parts are let with an income of £350 per week but can be made available at completion.