Restaurants for sale in London

View the "LICENCED ITALIAN RESTAURANT WITH ACCOMMODATION IN NORTH LONDON" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Leasehold Price: £275,000 Price Reduced Weekly Turnover: £12,000
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Business Description
In a large parade of local shops on busy main rd. 3000 sq ft, 100 seats, tkg £12,000 pw (evening trade only). 15 years lse from 2006, 4 yrly review, rent £74,360 pa, rates £20,360 pa. S/C 2 x 4/5 bedrooms flat above let @ £33,800 pa rent. Must be seen.
Trading Hours:


Mon – Sat 6.00 pm – 11.30. Opens all day Sunday.


Number of Employees: 2 owners + 10 part time staff

Tenure: Leasehold

Number of bedrooms: 8

Accommodation Details:

There are 2 self contained flats above comprising 4/5 bedrooms flats and are let on short hold tenancy @ £33,800 per annum rental income. The flats have double glazing and gas central heating

Leasehold Term:

Secured 15 years renewable lease commenced from 2006 with 4 yearly rent reviews and the current rent is £74,360 per annum.

Listed by: Pegasus Business Sales
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E7412DW
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