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Reference R8026

Closed Restaurant in West London For Sale

Closed Restaurant in West London For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, WEST LONDON

Price 55,000

Features

Well Fitted Licensed Restaurant (fusion Restaurant Including Indian & Chinese Food) (closed At Present)

DOUBLE FRONTED RESTAURANT with woodstrip floor, wall & ceiling lighting. Separate Air Conditioning Unit. Tables & chairs providing seating for 35 persons. BAR with 2 glass fronted counter fridges, 2 wine fridges.

Stairs to basement area. ADDITIONAL RESTAURANT with woodstrip floor, wall & ceiling lighting. Separate Air Conditioning Unit. Tables & chairs for an additional 35 persons.

FULLY FITTED KITCHEN 15' x 20' approx. with tiled floor, fresh air intake system & gas interlock system (new), stainless steel extractor, 2 under-counter stainless steel fridges, 2 sinks with drainers, wash hand basin

Corridor area with 2 fridges, 2 deep freezers

Ground floor fully tiled ladies' cloakroom with 2 w.c's, 2 wash hand basins
Fully tiled gentlemen's cloakroom with w.c. & 2 wash hand basins

Turnover

AS STATED the restaurant is at present closed & we are advised that the restaurant closed on the 1st August, 2017, however in our opinion offers tremendous potential for development in the right hands.

Outside

Yard with storage area with 2 additional fridges & 2 deep freezers

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in 2025 at a rental of 29,500 p.a. exclusive of rates up to 2020 with rent to be agreed thereafter.

*We are advised the Landlord will require a 6 months (14,750) rent deposit.*

Uniform Business Rates: 10,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS 55,000 or near offer, subject to contract.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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