Thai Restaurants for sale in Crystal Palace

View the "PROMINENT CORNER RESTAURANT, CRYSTAL PALACE, SE19" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £595,000
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Business Description
Iconic established 2,500 sq ft business in multiple position taking £20,000 pw + 20 letting rooms on 2 floors above which can more than cover the rent and rates. Must be seen.
Trading Hours:
Noon to 3 pm and 5 pm to 11 pm.

Number of Employees:
Established 30+ years, the business is run with 5 full time and 7 part time staff taking

Tenure: Leasehold

Location Details:
Close to the city centre, the area is an exciting and up and coming area of London with great transport connections, streets lined with independent bars and cafes plus fantastic views over London. The restaurant is situated in the main high street of this very busy town. This position would also be ideal for a multiple business.

Leasehold Term:
The large premises is held on 3 renewable leases with a 15 year and two 11 years remaining on current leases with a total annual rent of £111,000. The let rooms above currently produce £48,000 pa with other rooms occupied by staff but with the potential of much better income at the market rent that can more than cover the entire rent and rates.

Listed by: Pegasus Business Sales

Find out more about this business opportunity.

 
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