- Listing ID: 889880
- (Seller ref: CL000827)
Licensed West End Restaurant For Sale
- Location:
-
- UK
- > England
- > South East
- > London
- > Central London
- > Oxford Street
- Category:
- Type:
Listed by:
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Summary
- Asking price:
- £135,000
- Sales revenue:
- £182,000
- Cash flow:
- Available on request
)
Business description
Between Oxford St and Tottenham Court Rd. Busy commercial district. Middle Eastern style cuisine. T/o c£3,500 pw. 24 yr lease. rent £30k pa.
Property information
- Property:
- Leasehold
- Location:
- Location
W1 location between Oxford Street and Tottenham Court Road close to the University of London in the middle of a busy commercial area well known in the advertising industry.
Business
Currently serving Middle Eastern (Moroccan) style cuisine with seating for 70 covers. Established by the owner for the past 3 years and run with the assistance of 4 members of staff with a wage bill of £750 per week.
Advised turnover c£185,000 per annum (£3,557 per week) working on a gross profit margin of c65%.
Hours
Lunch and Evening trade Monday - Friday
Evening only Saturday. Closed Sunday.
Premises
Lock up shop consisting Ground Floor, Mezzanine Floor and Basement, half glass frontage with exterior canopy.
Ground Floor: Decorated in middle eastern style with wood flooring upholstered bench and chair seating. Bar to the front with stairs leading to further seating on the mezzanine floor.
Basement: Accessed via internal stairs to Kitchen which delivers food by 'dumb waiter' (lift) to ground floor. Fully equipped kitchen including hob/oven, charcoal grill, microwave.
Tenure
24 years (2007) remaining on lease.
Rent £30,000 per annum with Rates c£10,000 pa.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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- UK
- > England
- > South East
- > London
- > Central London
- > Oxford Street
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