Superbly Fitted South London Licensed Fast Food Restaurant For Sale

Business description

Front area with space for 2 tables and 4 chairs. We understand a licence fee is paid to the Council of approx. £120 every 3 years.

Impressive spacious RESTAURANT with new shop front (can be fully open, weather permitting). Ceramic tiled floor, suspended ceiling with inset lighting, air conditioning. Tables, chairs plus benches providing seating for 62 persons. Counter, electronic cash register, drinks dispenser (on loan).

Open plan kitchen area with tiled floor, stainless steel extractor, 2 large grills, double deep fryer, 3-pot bain marie, 3 commercial microwave ovens, 2 small stainless steel fridges, 2 glass fronted small bottle fridges, upright stainless steel deep freeze, Taylors soft ice cream machine, Taylors milkshake machine, small wash hand basin.

Rear wash-up area with ice machine, commercial dishwasher, double sink and drainer.

Storeroom with walk-in deep freeze

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease having approximately 23 years unexpired at a rental of £20,000 p.a. exclusive of rates up to December, 2009, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £6,600 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent main road trading position, LONDON/SURREY BORDERS.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. in our opinion offering tremendous potential for further devopment in the right hands.

Reasons for selling:

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 9 a.m. - 7 p.m.
Sunday opening - 11 a.m. - 4 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.