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Licenced Italian Restaurant For Sale

Palmers Green, London, UK
Asking Price:
£95,000
Turnover:
£286,000
Net Profit:
Undisclosed

6 DAYS OPENING

5 STAR HYGIENE RATING

LIVE MUSIC LICENCE

DOUBLE FRONTED PREMISES in the region of 1,200 ft² WITH ELECTRIC SHUTTERS. Laminated strip floor. Tables and chairs providing seating for 26 persons. BAR, glass frotned upright double door drinks display fridge, double-door fridge, EPOS till (on loan). CCTV system (6 cameras, 1 monitor)

OPEN PLAN PIZZA KITCHEN AREA. Stainless steel extractor unit, Wood fired pizza oven, refrigerated making table, dough mixer, 3 under-counter fridges, freezer, 3 preparation tables, ice maker

ADDITIONAL REAR KITCHEN. Stainless steel extractor unit, 4-burner gas cooker, microwave, 2 x 2-pan deep fryer,.

Walk-in coldroom (not utilised)

Walk-in freezer room (not utilised)

Toilet with w.c. and wash hand basin

LOCATION: Situated in a parade, excellent main road trading position, NORTH LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £5,500 p.w. with a Gross profit of 65% approx. (60% ONLINE SALES)

STAFFING: The business is at present operated by 3 partners with the assistance of 2 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION

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