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Brand New Fully Fitted South Asian Restaurant For Sale

Finsbury Park, London, UK
Asking Price:
£180,000
Turnover:
Available on request
Net Profit:
Available on request

Brand new fully fitted - South Asian Restaurant located on Busy Parade

Features

Impressive new & spacious restaurant with tiled floor and decorated suspended lighting. Restaurant is equipped a Large stainless steel counter table, 1 EPS till, 6 LED sign boards and 2 Lighted Food display units. Along with, 2 pan-fryers, 1 Charcoal grill, 1 Electric Steel Griddle with Ventilation Shafts equipped, 2 Cooled drink fridges, 1 Stainless steel serving unit and 1 sink & drainer.

Preparation kitchen with tiled floor & tiled walls includes 1 6 hob gas, 1 stainless steel preparation table, 1 microwave, 1 Extractor units, 1 kneading machine, 1 walk-in cold rooms, 1 Large Freezer and 1 double sink & drainer etc.

Fully tiled toilet each with w.c. & wash hand basin

Large storage and stock space located at the back which can be used for Kitchen Extension or third-party Rental Use

Seating holds 40 seats in total with capacity to extend to 50 seats.

Size of the Premise - Approx. 900 Sqft.

Turnover

Turnover can be disclosed upon viewing.

Staff

At present operated by the 2 vendors with 3 part-time staff.

Trading Hours

12 p.m - 10 p.m - Mon. - Thurs.

12 p.m - 11 p.m - Fri. - Sat.

12 p.m - 9 p.m - Sun.


Tenure

We understand the lease is open renewable lease, and includes a further 8 years. We are also informed the Rent is approx. £25,000 P.A.

Uniform Business Rates: We are informed approx. £8,452

Price

To include the secure lease, goodwill, fixtures £180,000 plus stock at valuation
Substantial loan to an approved applicant.

This restaurant has a investment worth of over £300,000, in decor, fixtures and construction.

Property Information

Property:

Leasehold

Lease Terms:

We understand the lease is open renewable lease, and includes a further 8 years. We are also informed the Rent is approx. £25,000 P.A.

Leasehold Rent:

£25,000 per annum

Location:

Finsbury Park, on prime high street Location.

Business Operation

Reasons for selling:

Family Reasons.

Trading hours:

12 p.m - 10 p.m - Mon. - Thurs.

12 p.m - 11 p.m - Fri. - Sat.

12 p.m - 9 p.m - Sun.

Employees:
At present operated by the 2 vendors with 3 part-time staff.
Years established:
3 Months

Contact Galaxy Real Estate Finsbury Park

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