Multi Award Winning American Diner in South London

  • Price: £149,000
South London, London, England
Seller Ref:NB-R1796
For Sale

Multi Award Winning American Diner in South London

South London, London, England
Seller Ref:NB-R1796
  • Price: £149,000

Overview

Seller Ref: NB-R1796

Description

Nationwide welcomes to the market this Multi Award Winning GOURMET BURGERS, BRISKET, RIBS & STEAK RESTAURANT
~Recently closed due to bereavement. Situated in a parade, excellent main road trading position, SW LONDON.

5 STAR HYGIENE RATING (for over 10 years)

DOUBLE FRONTED commanding corner PREMISES in the region of 1030 ft². CCTV (4 cameras). Air conditioning. Real wood flooring, plasterboard ceiling with spotlights and feature pendants. Tables and chairs providing seating for 45 persons. Sales counter, electric cash register, under counter drinks fridge, ice cream machine, soft drink dispenser.

Unisex cloakroom with disabled access with toilet and sink

KITCHEN. Lino flooring and tube lighting. Stainless steel extractor, Rational steam oven, Keating flat grill, charcoal grill, double basket deep fryer, double drawer fridge, 2 under-counter fridges, double door fridge, condiment fridge, Alto-Shaam heated drawers, hot cabinet, heat lamp stand, upright fridge, microwave, food processor, dishwasher, double sink and drainer, stainless steel preparation surfaces.

Turnover : WE ARE INFORMED by the owner the turnover when trading averaged £7,500 p.w. with a gross profit of 65% approx. (25% TAKEAWAY). The vendor has recently incorporated 3 further brands for production on site and anticipated to increase sales by £2,000 p.w.

In our opinion having yet further terrific potential to increase, especially with the introduction of alcohol, subject to obtaining the necessary premises and personal licence.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,000.
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 : £149,000 (R1796)

www.NationwideBusinesses.co.uk

Is accommodation included:
No
Is stock included:
NA

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