Restaurants for sale in Crystal Palace

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Restaurant in Crystal Palace, London

Crystal Palace, London, England

  • Leasehold Price: £135,000
  • Weekly Turnover: £7,000
Seller Reference: NB-R7772
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Business Description
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Seller Reference: NB-R7772
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Business Description
Nationwide brings to the market this SPACIOUS WELL FITTED LICENSED RESTAURANT. Situated in a parade, excellent trading position, LONDON, SE.

Established as Portuguese cuisine for the past 14 years which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

SPACIOUS RESTAURANT with laminated strip floor, wall & ceiling lighting. Air conditioning/heating. Full Gas Fired Central Heating. Tables & chairs providing seating for 50 persons. DISPENSE BAR with 2 group coffee machine, coffee grinder, glasswasher, sink, electric cash register.

Fully tiled ladies'/disabled cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with quarry tiled floor, stainless steel extractor, 6-burner gas cooker with double oven, large gas grill, small double deep fryer, 3-door stainless steel counter fridge, small fridge, dishwasher, small deep freezer, walk-in coldroom, upright fish fridge, double sink & drainer etc.

Storeroom with tiled floor, 2 chest deep freezers, 1 ice cream deep freezer, upright glass fronted fridge, dessert fridge, deep freezer, ice machine

Turnover : £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 65%.

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 : £135,000 (R7772)

Is accommodation included?:
The SELF CONTAINED living accommodation all in GOOD CONDITION & with FULL GAS FIRED CENTRAL HEATING, currenly let on a 12 month binding agreement from 24th February, 2021 at a rental of £1,670 per month. The accommodation comprises:

First Floor
Large Kitchen/Dining Room
Living Room (or 3rd bedroom)
Fully tiled bathroom with bath, w.c. & wash hand basin

Second Floor
1 Large Double Bedroom plus 1 additional double bedroom
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