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SPACIOUS LICENSED RESTAURANT

Price:
Leasehold - £95,000
Turnover:
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Seller Ref:
R3239
Location:

London, North London

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in London
Other takeaways for sale in London
Fast food restaurants for sale in London
Chinese restaurants for sale in London
Indian restaurants for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : At present Turkish and Persian cuisine, which could obviously be continued, and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

SPACIOUS RESTAURANT. Front area with woodstrip floor (Takeaway Section). Rear section being the Restaurant area with ceramic tiled floor. Tables and chairs providing seating for 55/60 persons (can be increased).

FRONT TAKEAWAY SECTION with stainless steel extractor unit, stainless steel cladding to walls, charcoal grill, 2 kebab machines, deep fryer.

Fully tiled ladies' and gentlemen's cloakrooms

LEVEL KITCHEN at rear of restaurant with tiled floor, stainless steel extractor, 6-burner gas cooker, 3 fridges, 3 deep freezes, double sink and drainer, wash hand basin.

WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £27,000 p.a. exclusive of rates for the next 3 years, with rent review at that time nd thereafter every 3 years.

Uniform Business Rates: £8,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, N LONDON
Trading Hours:
Sunday - Thursday inclusive - 11 a.m. - 1 a.m.
Friday & Saturday - 11 a.m. - 3 a.m.
Accommodation:
Service area at rear providing access for deliveries
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