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Japanese Restaurant in Muswell Hill For Sale

Japanese Restaurant in Muswell Hill For Sale
Buy a Japanese Restaurant in Muswell Hill For Sale Sell a Japanese Restaurant in Muswell Hill For Sale Japanese Restaurant in Muswell Hill For Sale for Sale Japanese Restaurant in Muswell Hill For Sale for Sale Japanese Restaurant in Muswell Hill For Sale for Sale Japanese Restaurant in Muswell Hill For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, NORTH LONDON MUSWELL HILL

Turnover 12,000
Price 128,500

Features

Attractive Fully Fitted Licensed Restaurant

Well established as Japanese cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

ATTRACTIVE SINGLE FRONTED RESTAURANT with woodstrip floor, ceiling lighting. Air conditioning/heating. Tables & chairs providing seating for 40 persons. Single door glass fronted counter fridge, sink.

Customers' cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with tiled floor, tiled walls plus stainless steel cladding to walls (cooking area), stainless steel extractor unit, 3-burner Chinese cooker, 6-burner gas cooker with double oven, 2 stainless steel tables, 1 upright stainless steel fridge, 1 additional fridge, chest deep freezer, 2 upright deep freezers, double sink & drainer etc.

Turnover

WE ARE INFORMED the turnover averages 12,000 p.w. including takeaway & delivery.

Staff

The business is at present operated by the vendor with the assistance of 3 chefs plus 1 sushi chef. Restaurant area 1 full time waiter plus 2 part time staff evenings & weekends. In addition 2 part time drivers are employed for deliveries.

Trading Hours

Monday - Friday inclusive - 12 noon - 3.30 p.m. & 5.30 p.m. - 11 p.m.
Saturday & Sunday opening - 12 noon - 11 p.m.

Tenure

We understand the premises are held on a secure renewable lease having 10 years unexpired from December, 2016 at a rental of 44,000 p.a. exclusive of rates up to December, 2021 with rent to be agreed thereafter. (WE UNDERSTAND THE LANDLORD WILL REQUIRE A 6 MONTHS RENT DEPOSIT)

EPC Rating F (132)

Uniform Business Rates: 22,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 128,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 64,250 (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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