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Licensed Italian Restaurant For Sale

Finsbury Park, London, UK
Asking Price:
£99,995
Turnover:
£260,000
Net Profit:
Undisclosed

6 DAYS OPENING

5 STAR HYGIENE RATING

IMPRESSIVE & SPACIOUS SINGLE FRONTED RESTAURANT in the region of 820 ft² with ceramic tiled floor, attractive ceiling with part wood panels to ceiling plus wooden struts. Full Gas Fired Central Heating. Tables and chairs providing seating for 60 persons (can be increased to accommodate 80 persons if desired). Upright glass fronted stainless steel wine fridge. BAR with brick front, 2 group coffee machine plus coffee grinder (both on lease purchase).

OPEN PLAN COOKING AREA with brick front counter. The equipment includes stainless steel extractor unit, 2 deck pizza oven, 6-burner gas cooker with oven, 4-door stainless steel counter fridge, 1 chest deep freeze, 1 small deep freeze, 3-door stainless steel counter fridge with marble top plus refrigerated topping section, glass washer, ice machine, dishwasher etc.

Stockroom

Large ladies' cloakroom with w.c. and wash hand basin

Gentlemen's cloakroom with w.c. and wash hand basin

LOCATION: Situated in a parade, excellent main road trading position, residential, office and commercial area, NORTH LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx. (15% deliveries)

STAFFING: The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 full time waiter.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,995 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