DELIGHTFULLY WARM RESTAURANT, CLAPHAM NORTH, LONDON Reference No: E7688J

Price: £ 120,000
Description

LOCATION:  In an ideal but fantastic position close to the Northern line tube station and Clapham High Street with its busy and vibrant shopping area comprising many bars and restaurants nearby.

DESCRIPTION: A very warm, large (3,200 sq ft) but cosy, welcoming, relaxed and friendly atmosphere has been created in this lovely double fronted bar and restaurant claimed to be one of the best places to frequent in Clapham. The prominent front has a cosy terrace with seating for 50 persons outside and 90 covers inside. There is a large bar section with bar stools followed by the restaurant seating area incorporating a stage, ladies, gents and disabled wc’s, a part open fully fitted and equipped kitchen, a store room, an office and a staff wc.

BUSINESS:  Free of tie, family run establishment with 2 full time staff taking £3,400 pw @ 65%/70% g.p. Retirement sale.

HOURS: Monday to Wednesday noon to 10.30 pm. Thursday, Friday and Saturday noon to 2:30 am.

EQUIPMENT: Fully fitted and equipped with a 6 burner and a 14 burner gas cooker, a double fryer, a charcoal grill, a hard top griddle, a salamander, a meat slicer, an Audoin vac machine, a walk in fridge and freezer, a hydro carbon cooler, a small Buzzard stainless steel freezer, an upright Precision stainless steel freezer, a Meiko industrial dish washer, a stainless steel 2 door worktop fridge, 1 pizza fridge, a Samsung microwave, a bar with a 3 door bar fridge, 2 Sammic glass washers, a Sammic epos system, a Gaggia Cappuccino machine, a Florengato grinder, 3 televisions with a sound system, furniture, etc.

TENURE: Renewable 20 year F.R.I. lease from 8 April 2004 with 5 yearly rent reviews at the current of £65,000 pa including VAT. Next rent review in 4 years. Business rates £13,880 pa payable.

VIEWINGS:  STRICTLY BY APPOINTMENT ONLY

Negotiations: Strictly through Sole Agents PEGASUS BUSINESS SALES

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