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Established Restaurant With Late License In Islington For Sale

Islington London
Established A3/A5 restaurant with late license for sale in Islington.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 61712
ADVERT IMPRESSIONS : 7,008 TIME(S)

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

LEASEHOLD:

£80000
 

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BUSINESS DETAILS:

This established restaurant benefits from a prominent position in Islington, being within walking distance of Blackstock road shopping area, the Emirates stadium and Finsbury Park station.

It has an A3/A5 late night license and has won awards for Best Greek Family Restaurant.

They use only the finest products one hundred percent fresh, healthy food, lovingly prepared and cooked on the premises. It’s strictly authentic, honest, full of goodness and aromatic flavors, that will take you all the way back to Greece. Everything is homemade even the pita bread.

Reviews:
"The best quality traditional Greek meals I have ever had"
"They are so friendly and it fantastic value for money"

Key points:
* Established restaurant with excellent reviews
* Prominent position near Emirates stadium, Finsbury Park station and Blackstock Road shoping area
* A3/A5 late night license (11 am - 4 am) for alcohol and live music
* Fully fitted kitchen
* 55 covers
* Long lease

Location and Premises:
Conveniently situated between Blackstock Road shopping area, the Emirates (Arsenal) football stadium and Finsbury Park station, which serves both Victoria and Piccadilly tube lines.
The attractive double fronted shop has electric security shutters. Internally, there is seating for 55 covers in the restaurant and bar area.
To the rear is a fully fitted kitchen, ladies and gents washrooms and an office / storage area.
To the side is a further storage area.
In all, approximately 915 sq. ft.

Lease:
16 year full repairing and insuring lease, subject to 4 yearly rent reviews. Rent is £25k per annum, ex. Rateable value of £15,750 with current rates payable of £6,709 (2010/11)

Certain fixtures and fittings are included in the sale price.

Reason for sale: The owners wish to retire.
   
  FOR SALE
   

REFERENCE:

LC1119 / RightBiz
   
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