Buy a Busy Middle Eastern Style Restaurant For Sale business for sale in West London on BusinessesForSale.com

  • Advert ID: 649699
  • (Seller ref: NW203)

Busy Middle Eastern Style Restaurant For Sale


Location:
Category:

Listed by:

Asking price:
£155,000
Sales revenue:
£300,000
Net profit:
< £100k
Years established:
2005
Employees:
2 full time staff, plus 4 part time staff


Prime High Street location:
Set up in 2006 this well presented Lebanese Restaurant was completely refurbished to an excellent standard throughout.
Enjoying regular clientele and well known in this busy district of west London this busy location is well sited to take advantage of a very significant new development due to open soon in the area expected to bring in up to 15m new visitors to the area a year.

Located in the heart of this busy high street the business is fitted out with 3 kebab machines, grill for barbeques, good staff facilities and a small office.. Very well located for all transport links to and from the West End, with good bus and rail links.


Further potential exists for the application for the necessary out door seating licenses, for which there is plenty of scope given the shops wide frontage. The restaurant also has the facility to offer live music.


The business currently trades as an Lebanese Restaurant currently open seven days per week, opening from 11 am until Mid-night.
Staffed currently by 2 full time staff, plus 4 part time staff.
We are advised that trade is approximately £5750 p/week


The property is arranged over the ground floor then kitchen/open grill to the rear, and further kitchen facilities to the rear , internal storage and WC facilities and managers office.

GROUND FLOOR RETAIL ZONE A 32.58m2,
GROUND FLOOR RETAIL ZONE B 62.20m2,
GROUND FLOOR KITCHEN & INTERNAL STORAGE 33M2
BASEMENT/ STORAGE;18.07m2
TOTAL 112.85m2
Shop frontage approx 10m wide. Ground Floor set up with ample space for drinks and snacks with serving counter full length towards the right. Seating for up to 75-80 ground floor.
Kitchen to the ground floor rear.

The unit is offered in good internal condition.


Property:
Leasehold
Lease terms:
The property is held by virtue of a 15-year full repairing and insuring lease expiring in February 2021. Passing rent is £60,000 per annum. 5 yearly reviews, next rent review Feb 2010 and every 5 years thereafter. Landlord is the local council.
We have not been advised regarding a further service rent
Location:
Located in the heart of this busy high street. Very well located for all transport links to and from the West End, with good bus and rail links.

Trading hours:
11 am until Mid-nigh
Furniture / Fixtures value:
£1,000,000
Related documents:

For more information about this business for sale, click the Contact Seller button.

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