Restaurants for sale in South London

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Spacious Restaurant in South London

South London, London, England

  • Leasehold Price: £30,000
Seller Reference: NB-R9290
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Business Description
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Seller Reference: NB-R9290
Request Details
Business Description
Nationwide welcomes to the market this SPACIOUS RESTAURANT. Situated in a parade, excellent main road trading position, SW LONDON.

We understand the restaurant has been closed since the end of October, 2019, however in our opinion offers tremendous potential for development in the right hands.

Front area with space for 1 table & 2 chairs

IMPRESSIVE & SPACIOUS RESTAURANT with laminated strip floor, ceiling with spotlighting plus hanging lighting. 3 air conditioning/heating units. Attractive brickwork to rear wall plus brickwork to 1 side wall. Tables & chairs to provide seating for 50 persons. Counter, 2 group coffee machine, coffee grinder, 3-door glass fronted counter fridge, glasswasher.

Stairs to BASEMENT KITCHEN with dumb waiter to ground floor restaurant. The kitchen has a tiled floor & is well equipped including stainless steel extractor system, 6-burner gas cooker, gas grill, salamander, dishwasher, sink & drainer, double door glass fronted counter fridge. walk-in coldroom etc. CCTV system, burglar alarm.

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

Turnover : AS STATED the restaurant is at present closed, however in our opinion offers tremendous potential for development in the right hands.

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS £30,000 subject to contract

Alternatively the landlord is prepared to sell the premises on the new lease to include the extractor system, air conditioning & walk-in coldroom, however all the additional equipment will be removed.

PRICE FOR THE NEW LEASE & LIMITED EQUIPMENT ONLY £15,000 subject to contract. (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 : £30,000 (R9290)

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