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Popular Lebanese Restaurant In Finsbury Park For Sale

Finsbury Park, London, UK
Asking Price:
£215,000
Turnover:
Available on request
Net Profit:
Available on request

A Popular Restaurant in a busy location on a busy parade, situated in London, Finsbury Park, N4. The Restaurant is beautifully decorated and comes fully equipped with all the Kitchen fittings. Seating Capacity of 40 persons with some takeaway channels up and running.
Features

Attractive Lebanese Restaurant

IMPRESSIVELY DECORATED RESTAURANT

The restaurant benefits from a 4.7/5 star rating with over 200+ reviews on Google. They offer a wide range of freshly prepared dishes with an authentic Mediterranean taste. The restaurant provides Warm, brick-clad eatery allowing for hearty Lebanese & Middle Eastern staples plus lunch specials.


Seating is at 40 seats with capacity to expand to 54 seats.

Location

The value in this restaurant is its in a prime location situated in the center of Finsbury Park within a 1 min walk from the train and Bus station giving access to a constant busy footfall. In addition to that this property is next to a popular theatre where sales see a sharp increase after their productions.


Turnover

Turnover can be disclosed upon viewing.

Staff

The business is at present operated by the vendor with 2 full-time & 6 part-time staff employed.

Trading Hours

12 p.m. - 11.30 p.m. 7 days per week, Mon - Sun.

Tenure

We understand the premise is held on a renewable lease. The present lease has approximately 12 years unexpired at a rental of £21,000 P.A

Uniform Business Rates: We are informed the current Business Rates are approx. £6000-8000.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES £215,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT CAN BE ARRANGED

* Seller is open to Exchange/Swap deals *

Property Information

Property:

Leasehold

Lease Terms:

We understand the premise is held on a renewable lease. The present lease has approximately 12 years unexpired.

Leasehold Rent:

£21,000 per annum

Location:

The value in this restaurant is its in a prime location situated in the center of Finsbury Park within a 1 min walk from the train and Bus station giving access to a constant busy footfall. In addition to that this property is next to a popular theatre where sales see a sharp increase after their productions.

Business Operation

Trading hours:

12 p.m. - 11.30 p.m. 7 days per week, Mon - Sun.

Employees:
8
Years established:
2016

Contact Galaxy Real Estate Finsbury Park

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