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Greek Restaurant For Sale

Camden London
Successful Greek restaurant, well known locally and based in Camden. Situated in a parade, close to the High Street, large commercial area, LONDON NW1. Lease to let or rent Greek Restaurant For Sale is located in London.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 23425
ADVERT IMPRESSIONS : 9,513 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Restaurants
SALE: Private Sale

LEASEHOLD:

£99500

ANNUAL RENT:

£23000
 

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BUSINESS DETAILS:

The restaurant is at present operated by 1 of the partners on a full time basis with the assistance of the other partner on a a part time basis plus 3 full time and 3 part time staff employed. Wages paid in the region of £1,000 p. W. Outstanding opportunity to acquire an attractive Licensed Restaurant, established as Greek cuisine for many years. Front patio area providing space for 3 tables and 12 chairs to -

SPACIOUS RESTAURANT with woodstrip floor, full gas fired central heating. Tables and chairs providing seating for 60 persons (can be increased to accommodate 70 persons, if desired). Upright single door drinks display fridge. Open plan kitchen with 6-burner gas cooker, 2 deep fryers, charcoal grill, cool display fridge with storage section under, chest deep freeze, upright fridge, double sink and drainer etc. Half tiled ladies' and gentlemens cloakrooms each with w. C. And wash hand basin. Property information:

Property: Leasehold Lease terms: We understand the premises are held on a secure renewable lease from a private landlord having approximately 7 years unexpired at a rental of £23,000 p. A. Exclusive of rates for the next 4 years, with rent to be agreed thereafter. Uniform Business Rates: £6,000 p. A. Approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location: Situated in a parade, close to the High Street, large commercial area, LONDON NW. Other information:

Expansion potential: WE ARE INFORMED the turnover averages £5,200 p. W. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx. Reasons for selling: OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £135,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours: Monday - Friday inclusive - 5 p. M. - 11 p. M. Saturday & Sunday - 12 noon - 12 midnight

Financing available: SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

23425 / RightBiz
   
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