Restaurants for sale in London

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SOUTH LONDON - Restaurant

London, England

  • Leasehold Price: £212,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £7,000
Seller Reference: NB-R8831
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Business Description
 
 
 
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Seller Reference: NB-R8831
Request Details
Business Description
Nationwide, Businesses welcomes to the market this MOST ATTRACTIVE & SPACIOUS LICENSED RESTAURANT. Excellent main road trading position, SE LONDON.

Previously operating as a Public House. The present owner has spent a considerable amount of capital refurbishing & newly equipping the premises in to a Licensed Restaurant approximately 8 years ago.

LISTED BUILDING

Car parking at rear for approximately 10 cars

Established as Nepalese & Indian cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine if desired.

IMPRESSIVE & SPACIOUS LICENSED RESTAURANT with woodstrip floor. 6 air conditioning units. Front area with quality woodstrip floor. Rear restaurant area fully carpeted & with attractive beamed ceiling. In addition there is a customers' waiting area fully carpeted. Tables & chairs providing seating for 100 persons (can be increased). BAR with 1 hand pump, 1 double door glass fronted counter fridge, 1 single door glass fronted counter fridge.

Disabled cloakroom with w.c. & wash hand basin
Ladies' cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with 2 urinals, w.c. & wash hand basin

LEVEL KITCHEN with tiled floor, part tile walls, stainless steel extractor system. The equipment includes Tandoori oven, 6-burner gas cooker with oven, 2 2-door stainless steel counter fridges, 2 3-door stainless steel counter fridges, 3 microwave ovens, sink & drainer, dishwasher. In addition there is a walk-in coldroom & walk-in deep freezer.

BASEMENT ideal for storage purposes

Turnover : £7,000 p.w. including takeaway & delivery, in our opinion the restaurant offers terrific potential for further development in the right hands.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £212,000 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 : £212,000 (R8831)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
The accommodation comprises 2 FLATS:

Flat No. 1 with full gas fired central heating is at present let on a shorthold tenancy & provides a rental income of £1,400 per month, however we understand that vacant possession can be given on completion, if required. The FLAT comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Flat No. 2 comprises a STUDIO FLAT also let at present on a shorthold tenancy & providing a rental income of £700 per month, however we understand that vacant possession can be given on completion if required. The STUDIO FLAT comprises:

1 Double Bedroom
Shower room with shower, w.c. & wash hand basin
Living room/kitchenCar parking at rear for approximately 10 cars
Listed by:
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