Licensed Italian Restaurant in South London

  • Price: £95,000
  • Weekly Turnover: £5,000
South London, London, England
Seller Ref:NB-R1475
For Sale

Licensed Italian Restaurant in South London

South London, London, England
Seller Ref:NB-R1475
  • Price: £95,000
  • Weekly Turnover: £5,000

Overview

Seller Ref: NB-R1475

Description

Nationwide welcomes to the market this ITALIAN LICENSED PIZZERIA RESTAURANT. Situated in a parade, sought after trading position, SE LONDON.

Outside seating for 20 persons

5 STAR HYGIENE RATING

ATTRACTIVE RESTAURANT in the region of 1,350 ft² with exposed brickwork, laminated strip floor, wall lighting, ceiling with inset spotlighting. Air conditioning/heating. Tables & chairs providing seating for 32 persons. SMALL BAR with 2-door glass fronted counter fridge, 2 group coffee machine.

KITCHEN with tiled floor, tiled walls, pizza wood burning oven, 3-door refrigerated making table with refrigerated topping section, double sink & drainer etc.

Basement in the region of 430 ft² with 1 small fridge, 1 additional fridge, 1 deep freezer, gravity feed slicer, dough mixer etc.

Half tiled ladies’ & gentlemen’s cloakrooms each with w.c. & wash hand basin

Turnover : WE ARE ADVISED the turnover is currently £5,000/£6,000 p.w. delivery & collection.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £95,000 (R1475)

www.NationwideBusinesses.co.uk

Is accommodation included:
Yes
Accommodation details:
Included in the lease is the accommodation over comprising:

2 small studio flats each with living room/bedroom & kitchen area
Shower room with shower, w.c. & wash hand basin.

These are let on shorthold tenancies & provide a rental income of £950 per month for 1 whilst the other is at £950 per month.

In addition there are 2 larger studio flats each comprising:

Livingroom/bedroom with kitchen area
Shower room with shower, w.c. & wash hand basin

These 2 are also let on shorthold tenancies 1 providing a rental income of £900 per month whilst the other provides a rental income of £950 per month.Yard at rear with parking
Is stock included:
NA

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