Well Fitted Licensed Restaurant In North London For Sale

Business description

At present trading as Caribbean cuisine restaurant and takeaway, which could obviously be continued and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.

FULL GAS FIRED CENTRAL HEATING

3 display windows. RESTAURANT with attractive marble tiled floor, ceiling with inset lighting. Tables and chairs providing seat for 22 persons. Attractive bar mirror-backed, double door glass fronted counter fridge, 2 small upright glass fronted fridges, wash hand basin.

ADJOINING TAKEAWAY SECTION with cool display serveover counter, hot display cabinet, stainless steel extractor with stainless steel cladding to walls, upright glass fronted drinks fridge (on loan from Coca Cola), 2 microwave ovens, charcoal grill, additional hot display cabinet, hotwater boiler.

LEVEL KITCHEN fully equipped including 6-burner gas cooker with double oven, stainless steel cladding to walls, additional extractor system, double sink and drainer, 2 microwave ovens, stainless steel table, chest deep freeze, wash hand basin, upright stainless steel fridge, upright deep freeze.

Ladies' and gentlemen's cloakrooms

Property information

Property:

Leasehold

Lease terms:

We understand that, subject to satisfactory references, the landlord will grant a new lease, the length of which is subject to negoitation with the landlord at an initial rental of £12,000 p.a. exclusive of rates with rent revisions.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Location:

Situated in a parade, main road trading position, densely populated commercial area, LONDON, N

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £2,000/£2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

at present 6 days per week 12 noon - 10.30 p.m.
CLOSED ALL DAYS MONDAY

Employees:

The business is at present operated by the family.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance