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Old Established Licensed Spanish Tapas Bar For Sale

South London, London, UK
Asking Price:
£175,000
Turnover:
£572,000
Net Profit:
Undisclosed

FORECOURT WITH SEATING FOR 8 PEOPLE

ESTABLISHED 1996

SINGLE FRONTED PREMISES in the region of 1,028 ft² WITH SLIDING DOOR, wood strip floor, spotlights and hanging lights, Bar, EPOS till. Tables and chairs providing seating for 65 People, CCTV system (8 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Cooker (Gas 6-burner), 2x Deep fryer, 5 x fridge, 6 x deep freeze, microwave, stainless steel preparation table.

Staff Toilet with w.c. and wash hand basin.

Basement in the region of 140 ft², used for storage purposes.

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 £10,000 - £12,000 p.w. with a Gross profit of 60% approx. (no Portals)

STAFFING: The business is at present operated by the vendor with 3 full time & 4 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 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