Licensed Italian Restaurant & Pizzeria In South London For Sale

Description

5-star hygiene rating. Double-fronted premises measuring approximately 600 sq ft, featuring air conditioning, tiled flooring, wall-mounted pendant and spotlight lighting. Seating is provided with tables and chairs for around 40 covers. Bar area fitted with an EPOS cash register, under-counter drinks fridge, wine chiller, glasswasher, ice machine, ice cream freezer, handwash basin, two-group coffee machine, and grinder. CCTV system installed with five cameras. Ladies’ and gentlemen’s cloakrooms, plus a disabled toilet.

Kitchen: tiled flooring with tube lighting. Equipment includes a stainless steel extractor, electric pizza oven (GGF), burner hob, oven, pasta boiler, twin-basket deep fryer, upright single-door freezer, double-door upright fridge, refrigerated preparation table with topping section, second pizza preparation table, stainless steel work surfaces, double sink, and handwash basin.

Storeroom.

Office.

Staff cloakroom.

Location: The business occupies an excellent main road trading position within a residential, office, and commercial area. South East London.

Turnover: We are informed by the owner that current turnover averages £14,000 per week, with a gross profit of approximately 65%.

Staffing: The business is currently operated by a husband and wife team, with three full-time and two part-time members of staff employed. We are informed that the wage bill averages approximately £1,600 per week.

Price: £275,000 to include the secure renewable lease, goodwill, fixtures and fittings, plus stock at valuation. Substantial loan available to an approved applicant.