Greek & Russian Restaurant in Enfield For Sale

Situated in a parade, main road trading position, MIDDLESEX ENFIELD

Turnover £ 5,000
Price £80,000

Features

Attractive Licensed Seafood Restaurant

At present seafoos sprecialist, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

LAYBY IN FRONT OF PARADE

ATTRACTIVE DOUBLE FRONTED RESTAURANT. Laminated strip floor, ceiling lighting. 10 tables & 40 chairs. BAR with shelving, sink.

LEVEL KITCHEN with tiled floor, part tiled walls. The equipment includes 6-burner gas cooker with oven, 2 fridges, 1 deep freezer etc.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present operated by a lady vendor (who is a chef) with family help

Trading Hours

1 p.m. - 10.30 p.m. six days per week
CLOSED MONDAY

Outside

Small yard plus garage/storeroom with deep freezer

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote