Pizza Restaurants for sale in South London

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Pizza Restaurant in South London

South London, London, England

  • Leasehold Price: £69,500  Price Reduced arrow_drop_down
  • Weekly Turnover: £7,000
Seller Reference: NB-R9200
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Business Description
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Seller Reference: NB-R9200
Request Details
Business Description
Nationwide welcomes to the market this RECENTLY OPENED NEWLY FITTED LICENSED PIZZA RESTAURANT. Situated in a parade, sought after trading position, SE LONDON.

Opened in June, 2019 as a Licensed Pizza Restaurant catering for pizzas, salads etc which could obviously be continued & in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

ATTRACTIVE RESTAURANT with exposed brickwork, laminated strip floor, wall lighting, ceiling with inset spotlighting. Air conditioning/heating. Tables & chairs providing seating for 40 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 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 £7,000 p.w. delivery & collection. The seating area is not utilized at present due to the current restrictions with this pandemic Covid-19 virus.

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 : £69,500 (R9200)

Is accommodation included?:
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 £850 per month for 1 whilst the other is at £800 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
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