• Listing ID: 1031994
  • (Seller ref: E7144B)

Licensed Restaurant And Accommodation In North London For Sale


Location:
Category:
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Listed by:


Asking price:
£150,000 (Furniture / Fixtures included)
Sales revenue:
£5,000 weekly
Cash flow:
Available on request
Years established:
3
Employees:
3 full time 2 part time

Sample Picture (photos awaited)

Sample Picture (photos awaited)

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In parade on busy main road, excellent passing trade, close stn, densely pop area..1,000 sq ft, staff run, tkg £4,000/£5,000 pw. 16 years lease from 2007, 4 yearly reviews, rent £24,000 pa, rates £7,800 pa. 4-bed s/c accom let @ £18,000 pa. Lic till 1 am.


Property:
Leasehold
Lease terms:
Renewable 16 years lease was granted in 2007 with 4 yearly rent reviews and the current rent is £20,000 pa.
Leasehold rent:
£24,000 per annum
Living accommodation:
There is 4-bedroom self contained flat above which has been refurbished, has gas central heating and uPVC double glazing. The flat is currently let on shorthold tenancy @ £18,000 pa rental income
Size in square feet:
1,000

Reasons for selling:
Other pressing commitments forces sale.
Trading hours:
Monday - Sunday noon - 11.30 pm

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


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