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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, spot lights & Hanging lights. Bar with 9 drafts, 2 x under counter drinks display fridge (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..

Stock room

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 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