Property description

*** Confidentially Available : All contact strictly through Next Property Commercial Only ***

SPACIOUS SINGLE FRONTED RESTAURANT/SHISHA LOUNGE with woodstrip floor, wall & ceiling lighting. Tables & chairs providing seating for 80 persons. BAR with 3 hand pumps, 2 double door glass fronted counter fridges, sink.

LEVEL KITCHEN with tiled floor & tiled walls, 6-burner gas cooker, deep fryer, 2 fridges, 1 deep freezer, double sink & drainer, walk-in coldroom.

Ladies` & gentlemen`s cloakrooms

Turnover

WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated under management. Staff employed manager, 2 chefs. Restaurant area with 2 waiters

Trading Hours

5 p.m. - 12 midnight seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in September, 2018 at a rental of £28,000 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £7,000 p.a. approx.

Premium:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION

Legal Costs: Each party to be responsible for their own legal costs.

Viewing: Strictly by prior arrangement with Next Property Commercial : 0207 118 0000

fay.khan@nextpropertycommercial.co.uk

phil.cureton@nextpropertycommercial.co.uk



Notice
All photographs are provided for guidance only.