Thai Restaurants for sale in South London

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Thai Restaurant in South London

South London, London, England

  • Leasehold Price: £295,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £15,000
Seller Reference: NB-R8764
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Business Description
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Seller Reference: NB-R8764
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Business Description
Nationwide welcomes to the market this SPACIOUS LICENSED RESTAURANT. Situated in a parade, excellent trading position, SOUTH EAST LONDON not far from CROYDON, SURREY.

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

SPACIOUS RESTAURANT with laminated strip floor, ceiling plus wall lighting. Tables & chairs providing seating for 100 persons. BAR.

ADJOINING KITCHEN with stainless steel extractor. Fully equipped including 8-burner gas cooker, 2 gas deep fryers, 2 microwave ovens, single sink, 14 fridges/deep freezers (a number of which are in the basement preparation kitchen)

Stairs to basement with PREPARATION KITCHEN 5-burner Chinese cooker, stainless steel tables

FIRST FLOOR Ladies' & gentlemen's cloakrooms

Turnover : in the region of £15,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Included in the turnover is some takeaway plus Deliveroo is used for deliveries.

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 : £295,000 (R8764)

Is accommodation included?:
The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING comprises:

1 Large Double, 12 additional double bedrooms, 3 single rooms
In addition there are 3 shower rooms each with shower, w.c. & wash hand basin

Part of the accommodation is currently utilized by staff with 7 of the rooms let & producing a rental income of £120 per week each providing a current rental for the 7 rooms of £840 per week.

On the first floor there are 2 additional rooms. 1 used as an office and the other used at present as a staff roomParking for 2 cars
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