RESTAURANT WITH LATE LICENCE, NR LEICESTER SQ, CENTRAL LONDON Reference No: E7581J
Price:
£ 995,000
Description
LOCATION: Situated in the heart of tourist area in a prime location close to famous Pubs, Compton Street and all the main shops in and near China Town.
DESCRIPTION: The fully licenced A3, single fronted beautifully fitted out 58 sq metre premises has a takeaway section, a sit down section with 30 covers, an open plan kitchen with serving and preparation areas. To the rear, there is a wash-up area with storage, ladies and gents wc and a fire exit door.
BUSINESS: In the same hands for 16 years. The business has great potential for a substantial increase of the present turnover in enthusiastic hands. The business is run with 3 full time and 5 part time staff (wb 28% of takings).
HOURS: Mon to Thurs 11 am to 1.00 am. Fri and Sat to 2 am. Sun to 12 pm.
EQUIPMENT: Fully fitted and equipped for the trade including a Rubbens 3 burner Chinese cooker,3 door stainless steel worktop, a fridge with a 16 pot pot display counter, a fridge, a Mondial stainless steel open front fridge, 4 door Polar stainless steel worktop fridge, a 2 door double stainless steel upright fridge, a Buffalo grill, cctv system, etc.
TENURE: Renewable lease to 2018 with 5 yearly rent reviews at the current rent of £90,000 pa.
RATES: Approximately £32,000 pa payable.
PRICE: £995,000 ono.
VIEWINGS/NEGOTIATIONS: Strictly through PEGASUS BUSINESS SALES on 0207 935 3939