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Attractive Licensed Restaurant For Sale

South London, London, UK
Asking Price:
£120,000
Turnover:
£286,000
Net Profit:
Undisclosed

At present operated as Italian cuisine, which could obviously be continued & in our opinion there is potential for other types of cusine, if desired.

Front area with space for 2 tables & 4 chairs

FULL GAS FIRED CENTRAL HEATING

GROUND FLOOR front bar area with bar, 2 hand pumps, 2 door glass fronted counter fridge, coffee machine, coffee grinder.

GROUND FLOOR RESTAURANT with laminated strip floor. Tables & chairs providing seating for 46 persons (can be increased to accommodate approximately 56 persons).

OPEN PLAN KITCHEN with tiled floor, large pizza oven, gas cooker, dough mixer, 5 fridges, double sink & drainer etc.

Mezzanine floor ~ Ideal for PRIVATE FUNCTIONS or ADDITIONAL RESTAURANT AREA with laminated floor. Tables & chairs for 18 persons (can be increased to 24 persons).

Ladies' & gentlemen's cloakrooms with w.c. & wash hand basin

LOCATION: Situated in a parade, excellent main road trading position, opposite railway station, residential & commercial area, SE LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £5,000 - £6,000 p.w. with a Gross profit of 65% approx. (10% online sales)

STAFFING: At present operated by a husband & wife team, the wife being a chef with the assistance of 1 additional chef.

PRICE: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

** N.B. Please note the purchaser is be responsible for all solicitors' costs **

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold