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Italian restaurant and private function venue for sale in Romford, Essex with 90-cover capacity

Romford, London, ID 212568

Italian restaurant and private function venue for sale in Romford, Essex with 90-cover capacity 1
Italian restaurant and private function venue for sale in Romford, Essex with 90-cover capacity 1
Asking price:
GBP£139 995
Turnover (per year): £364 000 gbp
Owner
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Description

ITALIAN RESTAURANT AND PRIVATE FUNCTION VENUE - FOR SALE - ROMFORD, ESSEXTURNOVER £7,000 PER WEEK (£5,000 RESTAURANT - £2,000 PER WEEK FROM EVENTS)90 COVER PRIVATE FUNCTION AND PARTY ROOM WITH FULLY FITTED BARMULTIPURPOSE 2,500 SQ. FT PREMISES - INDEPENDENT RESTAURANT AND FUNCTION VENUESIGNIFICANT REFURBISHMENT COST IN EXCESS OF £100,000ROMFORD, ESSEX - REDUCED TO £139,995 LEASEHOLD SAV• Turnover £7,000 per week• Rent £25,000 per annum• Separate first floor 90 cover function venue• 15 year lease, with 13 years remaining• A3, A5 and alcohol licence (23:00)• Approximately 2,500 sq. ftDue to unannounced approaches, the vendors have requested strict confidentiality, and therefore the business address is not advertised online.Interested parties seeking further information regarding this opportunity are invited to make contact via this advert, the company website, or through one of the offices directly.

Details

Real Estate: Lease
Asking price: 139 995 gbp
Turnover (per year): 364 000 gbp
Rent (per year): 25 000 gbp

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