Licensed Authentic Modern Italian Restaurant In South London For Sale

Description

Trading six days per week. 5-star hygiene rating. Single-fronted, air-conditioned premises with CCTV installed (16 cameras). Ceramic tiled flooring and a suspended ceiling with spotlights and feature pendant lighting. Tables and chairs provide seating for 55 people. Bar and counter area fitted with an EPOS cash register, under-counter fridges, ice machine, glass washer, two-group coffee machine, grinder, knock-out drawer, water filter, hand wash basin, double-door bottle cooler, double-zone wine fridge, and associated equipment.

Two unisex cloakrooms, each with toilet and wash hand basin.

Separate kitchen equipped with a stainless steel extractor, Rational oven, pasta boiler, eight-burner hob, double-tank deep fat fryer, electric pizza oven, microwave, twin-zone double-drawer fridge, chest freezer, triple-door fridge with counter fridge, blast chiller, double-door pizza topping fridge, meat slicer, dough mixer, double sink with drainer, dishwasher, hand wash basin, and pasta machine.

Walk-in fridge.

Staff cloakroom with toilet and wash hand basin.

Office.

Dry store with freezer.

Location: Situated within a parade, offering an excellent trading position in a residential, office, and commercial area. South West London.

Turnover: We are informed by the owner that current turnover averages £12,500 per week, with an approximate gross profit of 60%. There is significant potential to increase takeaway sales, which currently account for less than 10% of weekly turnover.

Staffing: The business is currently operated by the vendor, with eight full-time and two part-time members of staff. We are informed that the wage bill averages approximately £4,750 per week.

Price: £250,000 to include the secure renewable lease, goodwill, fixtures and fittings, plus stock at valuation. Substantial loan available to an approved applicant.