Italian Restaurant/Bar with Accomm. REDUCED

Price:

Leasehold - £130,000

Turnover:

Seller Ref:

CL001067

Location:

London, London, Shepherds Bush

Business Type:

Food Service Businesses, Pubs

See Other:

Restaurants for sale in London
Wine bars for sale in London
Food service businesses for sale in London
Pubs for sale in London

Description:

THE BUSINESS:

Italian Restaurant that has been long established on this site, having built up a fine reputation and being well known in the area. Family run with the assistance of some staff.
Basement Wine Bar is not currently trading which is a life style choice of the owner. With separate entrance there is huge scope to establish this area of the business which benefits from a license to open until 2am.

Advised turnover c£5,000 per week working on a Gross Profit of c65%.

Location Details:

prime location in West London close to Theatre and Shopping Centre

Lease Terms:

12 year lease commenced 2010. Rent £30,000 per annum. Rates c£11,000 pa (Application pending for rates relief) c£1000 pa Council Tax for Accommodation

Trading Hours:

Lunch trade Monday to Friday 12 noon-2pm. Evening trade 6pm-10.30pm Monday to Saturday

Accommodation:

: 2 bedroom apartment, well fitted out and in good decorative order. Wood flooring throughout comprising 2 bedrooms, fully fitted Kitchen, fully tiled Bathroom/wc, Lounge with doors opening to exterior patio.