Superbly fitted BAR/RESTAURANT
Price:
Leasehold - £150,000
Location:
London, South London
Business Type:
Food Service Businesses, Pubs
Nationwide are pleased to offer to the market : Full On Licence plus Entertainments Licence
ATTRACTIVE GROUND FLOOR front entrance to SPACIOUS BASEMENT BAR/RESTAURANT. We understand the premises are licensed for 108 persons. Quality Italian tiled floor, attractive walland ceiling lighting. Large air conditioning/heating unit. Attractive tiled bar, mirror-backed shelving, computerised till, 2 double door glass fronted counter fridges with marble effect top. Attractive upholstered seating and tables and providing seating for approx. 45 persons. Music system.
Fully tiled ladies' cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloarkoom with urinal, w.c. and wash hand basin
Compact kitchen with quarry tiled floor, all newly equipped including stainless steel fridge, stainless steel deep freeze, ice machine, dishwasher, large gas grill, double deep fryer, double sink and drainer etc.
We understand the business has been trading for approximately 1 year and the turnover at the present time is in the region of £2,000/£3,000 p.w. in our opinion offering tremendous potential for further development in the right hands.
We understand the premises are held on a secure renewable lease for a period of 20 years from September, 2010 at a rental of £28,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
PLEASE NOTE WE UNDERSTAND THE LANDLORDS WILL REQUIRE A £14,000 RENT DEPOSIT.
Uniform Business Rates: £5,000 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED BAR/RESTAURANT IN THIS SOUGHT AFTER LOCATION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
OFFERS INVITED TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS in the region of £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
PLEASE NOTE THE PURCHASERS ARE TO BE RESPONSIBLE FOR THE VENDOR'S SOLICITORS REASONABLE COSTS.
Excellent trading postion, LONDON, SW
At present only Thursday, Friday, Saturday & Sunday evening opening from 6 p.m. - 1 a.m.
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