SPACIOUS & ATTRACTIVE LICENSED RESTAURANT.
Price:
Leasehold - £45,000
Location:
London, South London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a most attractive Restaurant in this sought after residential area. As stated shortly to be re-opened as Italian cuisine catering for pasta, pizzas etc which could obviously be continued and also in our opinion there is potential for other types of cuisine including Chinese & Japanese, if desired. We understand from the present owner the nearest Chinese Restaurant is in Wimbledon.
Front area with low brick wall, tiled floor - space for 3 tables and 7 chairs to -
MOST ATTRACTIVE & SPACIOUS LICENSED RESTAURANT (can be open front, weather permitting). Quality wood strip floor, wall and ceiling lighting. Tables and chairs providing seating for 50 persons. BAR with marble top, double sink and drainer, 2 group coffee machine, computerised till, mirror-backed shelving, double door glass fronted counter fridge, 1 single door glass fronted fridge.
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
LEVEL KITCHEN with tiled floor. The equipment includes stainless steel extractor unit, large 8-burner cooker with double oven, deep fryer, Falcon grill, 3-door stainless steel counter fridge, gravity feed slicer, upright stainless steel fridge, double sink and drainer, dishwasher etc.
Service area with upright glass fronted fridge, stainless steel table
Storage area with 2 deep freezes and 2 fridges
Large basement
Office
WE HAVE BEEN informed by the present owner that prior to being closed in April, 2012 the turnover in the restaurant was in the region of £6,000 p.w. and in our opinion the business offers tremendous potential for development in the right hands.
We understand the premises are held on a secure renewable lease having 16 years unexpired from September, 2010 at a rental of £37,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £11,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
REALISTICALLY PRICED FOR EARLY SALE
TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, busy road, large residential area, LONDON, SW
When trading -
Monday - Thursday inclusive - evenings only - 6.30 p.m. - 11 p.m.
Friday & Sat
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