NEWLY REFITTED RESTAURANT, FINCHLEY, LONDON Reference No: E7648J

Price: 99000
Description

LOCATION:  Very well located premises on the shopping high street amongst multiples such as Tesco Superstore, Superdrug, Santander, Paddy Power, Barclays Bank, KFC, Halifax, Majestic Wine and many independent traders between 2 tube stations and metered street parking.

DESCRIPTION:  A wide fronted shop unit (1,100 sq ft) newly fitted to a high standard a year ago at a cost of £80,000 with a brand new concertina frontage (cost £25,000) and the restaurant section which has 43 covers, a bar section, an open front pizzeria section  with an Italian pizza oven. To the rear is a fully fitted stainless steel kitchen and a separate wash up section, 2 separate extractor systems, a rear and a side entrance to the patio terrace area with tables and chairs outside. There is a separate brick built stock room and also a separate self-contained stock room (which can be used as a rest room) with a wc.

On the first floor is a large function room (20.8 x 24.9)to hold up to 40 persons with a separate office (8.6 x 6.2)with a wc (6.3 x 2.11) plus ladies and gents wc’s (5.11 x 11.6).

BUSINESS:  The restaurant is run with 3 full time and 3 part time staff taking £4,500 per week @ 65% to 75% g.p.

EQUIPMENT:  Fully equipped and fitted for the trade including 3 air conditioning units, full gas central heating, a cctv system, furniture, etc.

HOURS:   Closed Monday. Tuesday to Friday Noon to 3.00 pm and 5.30 pm to 11 pm. Saturday and Sunday noon to 11 pm.

TENURE:  Renewable 14 year f.r.i. lease from 2016 with 5 yearly rent reviews at the current rent oof £35,000 pa.

VIEWINGS:  By appointment only.

NEGOTIATIONS:  Strictly through PEGASUS BUSINESS SALES on 020 7935 3939

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