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Licensed Thai Restaurant & Bar For Sale

East London, London, UK
Asking Price:
£97,000
Turnover:
£247,000
Net Profit:
Undisclosed

DOUBLE FRONTED CORNER RESTAURANT in the region of 1,000 ft², tiled floor, spotlights & hanging lights. Bar with 9 drafts, 2 x under-counter drinks display fridges (glass-fronted upright double-door), EPOS till, CCTV system (2 cameras)

Tables and chairs providing seating for 60 people.

Kitchen, stainless steel extractor unit, cooker (Gas 8-burner), deep fryer (2 pan), grill, double sink and drainer, fridges, freezers, stainless steel preparation tables, microwave.

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

Stockroom

LOCATION: Situated in a parade, residential area, EAST LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £4,500 - £5,000 p.w. with a Gross profit of 65% approx. (25% via portals)

STAFFING: The business is at present operated by 3 full-time & 2 part-time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £97,000 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