AUTHENTIC ITALIAN RESTAURANT, KENNINGTON, SE11 Reference No: E7701J
Price:
£ 175,000
Description
LOCATION: Situated between the world famous international cricket ground which hosted the first ever FA cup final in UK and soon-to-be-developed new shopping centre, this premises occupies an enviable corner position on the main road close to a tube station.
DESCRIPTION: A very warm, accommodating hidden gem with a cosy relaxed atmosphere serving authentic Italian cuisine, The well fitted out 1,250 sq ft licenced restaurant with the entrance opening to internal seating for 22 plus a further 8 outside. To the rear of the dining are is the counter section behind which is the stockroom and a large fully fitted and equipped kitchen to an excellent standard and a wc plus a rear fire exit from the kitchen.
BUSINESS: An established business taking £3,800 pw at 65%/70% g.p. which is run by husband and wife with 1 part time staff.
HOURS: Tues to Fri 6 pm to 11 pm. Sat and Sun 5 pm to 11 pm. Closed Monday.
EQUIPMENT: Fully fitted and equipped for the trade including a £600 coffee machine, a glass washer, a wine cooler fridge, a glass fronted fridge, a First Data till system, a 4 burner gas cooker, a 2 burner cooker, a Adexa pizza oven, a pizza fridge, a display topping fridge, a salad fridge, a 12 door stainless steel worktop fridge, an upright stainless steel fridge, a stainless steel hot cabinet, a meat slicer, a vacuum machine, 3 preparation tables, 2 stainless steel cabinets, 2 stainless steel extractor units, a cctv system, an alarm system, 3 domestic fridge/freezers, assorted furniture, etc.
TENURE: A renewable F.R.I. lease to 2022 at a current rent of £11,400.
RATES: No rates. (Small business rates relief)
VIEWINGS: By appointment only.
NEGOTIATIONS: Strictly through PEGASUS BUSINESS SALES