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Substantial Restaurant And Bar In East London For Sale

Highams Park, London, UK
Asking Price:
£125,000
Turnover:
£416,000
Net Profit:
Undisclosed

4 DAYS OPENING

FORECOURT WITH SEATING FOR 16 PEOPLE

5 STAR HYGIENE RATING

LIVE MUSIC LICENCE

DOUBLE FRONTED PREMISES in the region of 2,235 ft² WITH ELECTRIC SHUTTERS AND CANOPY, vinyl floor, spot lights, Air conditioning with hot air. Bar, 3 taps plus seating for 3 People, EPOS till, glass fronted drinks display fridge, glass washer. Tables and chairs providing seating for 80 People, CCTV system (12 cameras, 1 monitor).

Ladies' & gentlemen's plus Disabled Toilet with w.c. and wash hand basin.

Kitchen with stainless steel extractor unit, Cooker (Gas 8-burner), charcoal grill, 2 x microwave, 3 fridge's, freezer, 2 dishwasher's, ice machine, stainless steel preparation tables, deep fryer (2 pan), coffee grinder, Coffee Machine (2 Group).

Walkin cold-room

Walkin Freezer.

Office

Laundry room with washing Machine & Dryer

LOCATION: Situated in a parade, main road trading position, EAST LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 65% approx. (slight deliveries)

STAFFING: The business is at present operated by the vendor, 3 kitchen staff, 3 servers, 1 Bar person and additional staff as required

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 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