Licensed Pizza Restaurant in South London For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, SE London

Turnover £ 9,500
Price £50,000

Features

Licensed Pizza Restaurant (business Not Included)

6 DAYS OPENING

5 STAR HYGIENE RATING


DOUBLE FRONTED AIR CONDITIONED PREMISES, in the region of 1,150 ft², CCTV (2 cameras), Harwood flooring (front of house), plasterboard ceiling with spot, pendant and wall lighting.

Tables and chairs seating 40 people.

Service BAR - 2 undercounter fridges, ice machine, wash hand basin.

CUstomer cloakroom (with disabled access) with toilet and sink.

OPEN PLAN KITCHEN - Stainless steel extractor, Large dome gas fire pizza oven, convection oven, 3 door under counter fridges, pizza preparation station, cold box, Fosters upright fridge, chest freezer, grease trap, diswasher, double sink and drainer, hand wash sin, shelving, etc.

Secure store room

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,500 p.w. with a Gross profit of 70% approx.

Staff

The business is at present operated by the vendor on an ad hoc basis with 2 full time and 4 part time staff employed.

Trading Hours

6 Day week
MONDAY, WEDNESDAY, THURSDAY, FRIDAY 5 p.m. - 10.30 p.m.
SATURDAY & SUNDAY 12 noon - 10.30 p.m.
CLOSED TUESDAY

PREMISES LICENCED (INCLUDING OFF SITE SALES) 11. a.m. - 11.30 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2018 with reviews every 5 years (next review 2028) at a current rent of £30,000 p.a. plus VAT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £50,000.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote