Licensed Restaurant in South London For Sale

Renowned and long established Indoor Market, excellent trading position, office and commercial area, SW LONDON

Turnover £ 5,000
Price £35,000

Features

Licenced Restaurant

6 DAYS OPENING
FORECOURT WITH SEATING 15 PEOPLE
5 STAR HYGIENE RATING

FRONTED PREMISES WITH SHUTTERS, wood strip floor, ceiling with hanging lights. Bar, EPOS till, 2 drinks display fridge (glass fronted upright double-door), Tables and chairs providing seating for 35 People, CCTV system (3 cameras).

Kitchen with stainless steel extractor unit, pizza oven (2-deck), fridge, freezer, refrigerated making table, 2 dishwashers, a kebab machine, a salamander, induction pans, and kitchen utensils..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. including online sales

Staff

The business is at present operated by the one of the owners with 4 full time staff.

Trading Hours

6 Day week
TUESDAY - THURSDAY 5pm - 10pm
FRIDAY 5pm - 11.30pm
SATURDAY 2pm - 11.30pm
SUNDAY 2pm - 9pm

Tenure

Recurring licence at a current rent of £31,200 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE LICENCE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 17,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote