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Related Ads > London Business for Sale > Restaurants to Lease > Restaurants in London for Sale 

Cl 1206 Licensed Restaurant

Undisclosed London
Located in sought after prime position in Victoria, close to stations and offices generating a heavy footfall of passing trade from shoppers, tourists and office workers. Well fitted out restaurant with seating for 60 covers. Advised turnover c£18,000 per annum. Rent income from shop next door £27,500 pa. Unit now available for one large restaurant is required. Overall rent £65,000 pa. (Net rent £37,500.) 9 years remaining on lease (advised renewable). Worth viewing this very profitable business.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 72245
ADVERT IMPRESSIONS : 11,643 TIME(S)

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

ASKING PRICE:

£350000

LEASEHOLD:

£350000

ANNUAL RENT:

£65000
 

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BUSINESS DETAILS:

Well established business that has been trading on this site for the past 12 years and operated by the owners with the assistance of various staff, serving high class British cuisine. This business is only currently trading from one part or the unit with the second being rented out. However the complete double unit of approx. 2,020 sq. ft is available.

Advised turnover c£18,000 per week working on a gross profit iro 55-60%.
   
  FOR SALE
   

REFERENCE:

CL 1206 / RightBiz
   
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