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100-Cover Restaurant for Sale in North West London

London, ID 212440

100-Cover Restaurant for Sale in North West London 1
100-Cover Restaurant for Sale in North West London 1
Asking price:
GBP£74 995
Turnover (per year): £260 000 gbp
Net profit (per year):£60 000 gbp
Owner
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Description

STUNNING 100 COVER RESTAURANT WITH HUGE POTENTIAL IN NEW HANDSFULL A3 & ALCOHOL LICENCE (2300)Turnover £5,000 per week while only trading 38 hours per week and just 40 weeks per year by choice - generating a net profit of approximately £60,000 per annum from a part-time operation.NORTH WEST LONDON - REDUCED TO £74,995 LEASEHOLD SAV* Turnover £5,000 per week* Net profit £60,000 per annum* Rent £25,000 per annum* Rates £730 per month* 20-year lease with 11 years remaining* A3, A5 & alcohol licence until 23:00* Approx. 1,400 sq ft* Stunning 100 cover restaurant* Huge scope to increase turnover through longer opening hours and year-round tradingThis is an exceptional opportunity to acquire a beautifully presented and spacious restaurant in a highly desirable North West London location. The business is currently operated on a deliberately limited basis, leaving enormous growth potential for a hands-on owner or experienced operator.The restaurant benefits from a full A3, A5 and alcohol licence, making it suitable for a wide variety of hospitality concepts including restaurant dining, takeaway, events and private functions.Due to unannounced contact, the exact location remains confidential. Serious enquiries only.

Details

Real Estate: Lease
Square m2: 130
Asking price: 74 995 gbp
Turnover (per year): 260 000 gbp
Net profit (per year): 60 000 gbp
Rent (per year): 25 000 gbp

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