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SUPERBLY FITTED SPACIOUS LICENSED RESTAURANT

Price:
Leasehold - £120,000
Turnover:
Register to view
Seller Ref:
R2176
Location:

Middlesex

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Middlesex
Fast food restaurants for sale in Middlesex
Other takeaways for sale in Middlesex
Food service businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : At present Lebanese 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 with anti-slip ceramic tiled floor, ceiling with inset spotlighting. Internal air conditioning unit. Tables and chairs for approximately 40 persons (could be increased to a maximum of 50 persons). Bar with marble top and fully equipped including 2 group coffee machine, 3-door glass fronted counter fridge, glasswasher, upright glass fronted wine fridge.

FULLY FITTED OPEN PLAN KITCHEN AREA with stainless steel extractor unit, charcoal grill, 2 Archway Shawarama kebab machines, Valentine double deep fryer, 1 additional Valentine single deep fryer, 3-door stainless steel counter fridge, 3-door stainless steel counter deep freeze, 6-burner gas cooker, plate warmer etc.

TAKEAWAY SECTION with separate front door access, cool display serveover counter.

Half tiled ladies' cloakroom with w.c. and wash hand basin
Half tiled gentlemen's cloakroom with urinal, w.c. and wash hand basin
Half tiled disabled cloakroom with w.c. and wash hand basin
All the toilets are fitted to a very high standard

To the rear of the Restaurant is a walk-in coldroom with separate walk-in deep freeze section.

WE ARE INFORMED the turnover averages £6,000 p.w. (including takeaway which we understand is in the region of £900 p.w). In our opinin the Restaurant offers terrific potential for further increase in the right hands. Gross profit 60% approx.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (Please note the vendor will require a 3 months rent deposit).

Uniform Business Rates: £4,500 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED RESTAURANT IN THIS SOUGHT AFTER LOCALITY.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, MIDDLESEX
Trading Hours:
Monday - Thursday inclusive - 12 noon - 11 p.m.
Friday & Saturday - 12 noon - 11.30 p.m.
Sunda
Accommodation:
Large rear garage suitable for storage purposes
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