£120,000
Leasehold
No Accommodation
LICNESED RESTAURANT and BAR, SW LONDON
LOCATED IN PRESTIGIOUS AREA OF SW LONDON
VERY WELL FITTED OUT MODERN PREMISES
ADVISED TURNOVER C£6,000 PW ANTICIPATED TO RISE TO C£11,000 PW
SEATING FOR 60 COVERS IN RESTAURANT and 38 IN BAR
23 YEARS REMAININGON LEASE. RENT £45,000 PA.
Located in prestigious area of SW London near to Clapham Common. Currently serving modern European cuisine. Very well fitted out Restaurant and Bar area. Seating for 60 covers with further 38 in bar. Current advised turnover c£6,000 pw which is anticipated to rise towards £11,000 Spring/summer. 23 years remaining on lease. Rent £45,000 pa.( select Full Details for more! )
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£120,000 / LICNESED RESTAURANT and BAR, SW LONDON / ref: CL001214
Full particulars.
FULL PARTICULARS  
Location
Restaurant destination site in prestigious area of SW London near to Clapham Common attracting trade from both within and outside the district.

Business
Currently trading as a Licensed Restaurant and Bar serving modern European cuisine for the past few months having during this short period built up a fine reputation for serving quality food. Previously operated by the seller for many years as a Turkish restaurant. This very well fitted out business also benefits from a Premises License and Full on License.

Advised turnover during the Winter months iro £6,000 per week and based on previous experience the owner anticipates this figure rising to c£11,000 per week in the Spring/Summer.

Hours
Lunch and Dinner trade 7 days a week.

Staff
Operated by the owner with the assistance of various staff with a wage bill of c£2,200 per week.

Premises
Double fronted, mid terrace, Ground Floor lock up shop with wood/glass doors opening to street, exterior signage and canopy. Exterior seating for 8 people.

Bar: Sited on the right side of the business very well fitted out with wood flooring, low level lighting, upholstered armchairs with low tables seating 28 people. Fully fitted modern bar equipped with built under fridges, espresso machine, glass washer along with seating for 4 people at bar stools.

Restaurant: Modern fitted area with wood flooring, low level lighting, painted walls with seating for 60 covers at attractive cream upholstered chairs and dark wood tables.

Kitchen: Open plan area fitted with tiled walls and floors. Well equipped with 6 ring hob/oven, charcoal grill, double fryer, industrial dishwasher, double stainless steel sink, stainless steel extraction system with stainless steel clad walls. Walk in cold store with further storage for dry goods to the rear.

Tenure
23 years remaining on the lease (2012). Advised that the lease is within the Landlord and Tenant Act but unseen by Adams and Co.
Rent £45,000 per annum. Rates c£15,000 pa.
 
£120,000 / LICNESED RESTAURANT and BAR, SW LONDON / ref: CL001214
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£120,000 / LICNESED RESTAURANT and BAR, SW LONDON / ref: CL001214

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