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High-Turnover Modern European Restaurant In South-West London For Sale

East Sheen, London, UK
Asking Price:
£129,500
Turnover:
£572,000
Net Profit:
Undisclosed

6 days opening

double fronted premises in the region of 985 ft² with electric shutters. Awning with outside tables and chairs providing seating for 20 persons. Tiled floor, ceiling with chandeliers. Bar, glass fronted wine cooler epos till. Tables and chairs providing seating for 45 persons (can be increased to 60). Cctv system (12 cameras, 1 monitor).

Kitchen. Stainless steel extractor unit, two 8-burner gas cookers, grill, preparation table, 2 freezers, 3 door fridge, microwave, 20-litre deep fryer, dishwasher.

Walk-in coldroom.

Walk-in freezer

stock room

ladies' & gentlemen's toilet with w.c. And wash hand basin

location: situated in a parade, excellent main road trading position, residential, office and commercial area, sw London

turnover: we are informed by the owner the turnover currently averages £11,000 p.w. With a gross profit of 67% approx. In our opinion there is potential to introduce breakfasts. (no deliveries undertaken at present)

staffing: the business is at present operated by 2 partners with 4 full time & 4 part time staff.

Price: to include the secure renewable lease, goodwill, fixtures & fittings £129,500 plus stock at valuation

substantial loan to an approved applicant.

Additional information available including: rent, lease terms, opening hours, business rates and reason for sale via the 'contact broker' button

Property Information

Property:

Leasehold