Business Summary

Price Reduced

Summary

Asking price: £54,950

Sales revenue: £143,000

Net profit: Undisclosed

Business Description

70 COVERS – LOCK UP PREMISES – PRIME LOCATION

BUSINESS – Well established, having been in the present hands for some 8 years and now only being marketed as a result of the vendors other business interests. Although presented as a Mexican restaurant the prime location of the premises makes this an ideal opportunity for a wide range of alternative styles of cuisine.

TURNOVER – £2,500 - 3,000 PWK at 60% G.P.

Property Information

Property: Leasehold

Lease terms: 6 years remaining on current lease. RENT - £13,500 P.A. (5 year reviews)
Location: Prominently situated forming part of a comprehensive parade fronting the High Street of croydon, enjoying tremendous passing trade and serving a densely populated affluent residential area.

Other Information

Trading hours: Mon to Fri - 5.30pm to 10.30pm Sat – 5.30pm to 11.30pm Sun -12.00pm to 9.00pm

Fixtures value: Undisclosed

Stock value: Undisclosed

Property Details