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Well Fitted Licensed Restaurant BYO For Sale

East London, London, UK
Asking Price:
£60,000
Turnover:
£135,200
Net Profit:
Undisclosed

6-day opening

Single-fronted premises in the region of 735 ft² with electric shutters, laminated strip floor, spotlights, air conditioning with hot air. Bar, EPOS till. Tables and chairs providing seating for 35 people, CCTV system (6 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, cooker (gas 6-burner), fridge, 3 freezers, microwave, dishwasher, double sink and drainer, etc.

Baking room with oven.

Basement in the region of 320 ft².

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

Staff room.

Store room.

Location: Situated in a parade, main road trading position, with cultural spots and green spaces, East London.

Turnover: We are informed by the owner the turnover currently averages £3,500 - £3,700 p.w. with a gross profit of 65% approx. (no online portals).

Staffing: The business is at present operated by the vendor (part-time) with 3 full-time staff employed.

Price: To include the secure renewable lease, goodwill and fixtures and fittings £60,000 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