Portuguese Café / Restaurant in South London

  • Price: £110,000
  • Weekly Turnover: £10,000
South London, London, England
Seller Ref:NB-R1885
For Sale

Portuguese Café / Restaurant in South London

South London, London, England
Seller Ref:NB-R1885
  • Price: £110,000
  • Weekly Turnover: £10,000

Overview

Seller Ref: NB-R1885

Description

Nationwide welcomes to the market this LICENSED CAFÉ/PORTUGUESE RESTAURANT. Situated in a parade, excellent main road trading position, residential, office and commercial area, S LONDON.

REAR GARDEN in the region of 700 ft² SEATING FOR 40 PERSONS.

6 DAYS OPENING

SINGLE FRONTED PREMISES with ELECTRIC SHUTTERS in the region of 1,100 ft². Ceramic tiled floor, plasterboard ceiling with LED spotlights. Tables and chairs providing seating for 55 persons. BAR. Electronic cash register, 2 group coffee machine, grinder (on loan with coffee supply), under-counter fridges, wash hand basin, microwave, grill, oven, ice cream freezer.

Customer cloakroom with toilet and wash hand basin

KITCHEN. Stainless steel extractor, tube lighting, tiled flooring. 6 burner hob, oven, double grill, double basket fryer, griddle, microwave, triple door unde- counter fridge, large single door fridge, double sink and drainer, wash hand basin, stainless steel preparation table.

Office

Store room – 2 chest freezers, fridge,

Stairs to first floor – Tables and chairs seating 20 persons

Turnover : WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a gross profit of 65% approx. (95% Restaurant Sales)

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 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 : £110,000 (R1885)

www.NationwideBusinesses.co.uk

Is accommodation included:
No
Accommodation details:
Rear garden - tables and chairs seating 25 persons
Is stock included:
NA

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