Licensed Restaurant & Takeaway in South London For Sale

Situated in a parade, main road trading position, SE LONDON

Turnover £ 7,000
Price £110,000

Features

Licensed Restaurant & Takeaway-pizza, Burgers and Fish (sui Generis Use) ~ Late Night Licence

Outside seating to the front for 4 people.

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES with ELECTRIC SHUTTERS & CANOPY. Air conditioned. Hard wood floor, suspended ceiling with spotlights with LED feature lights, Tables and chairs seating 40 persons. Hot display chicken cabinet.

FULLY EQUIPPED BAR. 2 EPOS screens with cash drawer, 2 undercounter fridges, ice machine, hand wash sink. CCTV (6 cameras)

Disabled cloakroom with toilet and sink

SEPARATE KITCHEN. Tiled floor, tube lighting. Stainless steel extractor. Milshake machine, 2m pizza topping tables, commericial rice cookeer, Henny Penny fried chicken machine, automatic 2-pan fryer, chip dump, food warmer, 1.2m Blue Seal gas grill, 3- deck pizza oven, commercial microwave, hot cabinet, pizza topping station with marble top, stainless steel preparation tables, 8 fridges, 1 chest freezer, upright freezer, single sink with drainer, wash hand basin

Staff toilet and sink

Storeroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500/£7,500 p.w. with a gross profit of 65% approx. (£2,000 p.w. delivery)

Staff

The business is at present operated by 2 partners with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 11a.m. - 12.30 a.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2009 with reviews every 4 years (next review 2025) at a current rent of £15,600 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote