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Licensed Italian Restaurant for Sale

North London, London


6 bedroom

Leasehold : 69,500
Turnover : 10,000 p.w.

Situated in a parade, main road trading position, N LONDON

Turnover: 7,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending 30th April, 2014 showed 310,530 with a gross profit of 191,913.

Accommodation: The accommodation in the form of 2 SELF CONTAINED FLATS over are currently let & provide a rental income of approximately 40,000 p.a. Each flat with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (1 large double, 1 additional double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Separate kitchen
 
Tenure: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
 
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428 Advert ID 44650    Sellers Ref : R5520/BSOL

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