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Lebanese Restaurant Cafe Lease for Sale in Shoreditch London

Shoreditch, London, ID 166486

Lebanese Restaurant Cafe Lease for Sale in Shoreditch London 1
Lebanese Restaurant Cafe Lease for Sale in Shoreditch London 1
Asking price:
GBP£45 000
Turnover (per year): £280 000 gbp
Owner
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Description

Business type: restaurant

Location: Old Street, Shoreditch, London

Tenure: leasehold

Premium: offers over £45,000

Financial Information

Turnover for the last 12 months: approximately £280,000

Monthly rent: £4,300 including VAT

Rent negotiation: available

Business Information

  • Currently trading
  • Office lunchtime customers
  • Evening and late-night trade

Premises

Current seating: approximately 16 covers

  • Fully fitted restaurant
  • Commercial kitchen
  • Professional extraction system

Licence

Late Night Refreshment Licence: in place

  • Sunday to Wednesday: licensed until 12:30 am
  • Thursday to Saturday: licensed until 1:30 am

Lease Terms

Original lease term: 10 years

Lease remaining: approximately nine years

Lease assignment: subject to landlord consent

Development Option

Seating capacity: scope to increase

Sale Information

Reason for sale: owner relocation

Additional financial records: available after viewing

Details

Real Estate: Lease
Reason for selling: Relocation
Asking price: 45 000 gbp
Turnover (per year): 280 000 gbp
Rent (per year): 51 600 gbp

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