Full Description
PRICE REDUCED 21st JANUARY 2011 GRILL - TAKEAWAY - RESTAURANT – AN EXCELLENT OPPORTUNITY IN FONTHILL ROAD LONDON N4 This smart newly renovated WELL EQUIPPED restaurant, serving high quality Greek cuisine, has been established for 19/20 years – it is situated at the heart of Fonthill Road, North London’s centre of fashion; it has an excellent reputation with local traders – and has an A3 licence.

LONG LEASE

Recently Refurbished

New Kitchen Equipment

Close to Finsbury Park Underground

PRICE REDUCED - OWNER RETIRING
GRILL RESTAURANT & TAKEAWAY– AN EXCELLENT OPPORTUNITY
IN FONTHILL ROAD LONDON N4
This smart newly renovated restaurant, serving high quality Greek cuisine, has been established for 19/20 years – it is situated at the heart of Fonthill Road, North London’s Centre of Fashion; it has an excellent reputation with local traders – and benefits from an A3 licence.

Finsbury Park Underground and Bus Stations are a few minutes walk away.

A comprehensive range of equipment is fitted in the kitchen (see list) plus lighting and furnishings in the restaurant; the décor is pleasant and welcoming.

The new proprietor can take over and start trading immediately without further investment – subject to contract.

The restaurant is being sold with the benefit of a 19 year Lease and will include ALL trade fixtures and fittings – with walk-in fridge/freezer on first floor.

Current opening hours are from 9am to 6pm (could be extended) and caters for Arsenal fans on home match days which boosts the takings.


PREMIUM:        £36,950 - reduced 21/01/2011
RENT:                £30,000 per annum – payable quarterly in advance
LEASE:            18 years to run with 5 year reviews
EST:                 19/20 years
TURNOVER:   Circa £3,500 per month - easily increased
ACCOUNTS:   t.b.a
LICENCE:        A3 full on licence
COVERS:        28/30 plus 2 street tables for customers who wish to smoke.
RATES:            £4,000 approximately
STOCK:           At valuation

INVENTORY

2 x Cold food display cabinet

1 x Hot food display cabinet

Tall cabinet with rotating display

1 x Cold drinks cabinet

Doner kebab single rotisserie

Large Charcoal grill rotisserie

Deep fryer

Gas grill

6 burner hob with large oven below

Cappuccino machine

Microwave oven

7 tables for 4 persons

28 off wooden styled chairs

2 tables for 2 persons (street use)

4 off aluminium chairs

Air extract equipment above Doner rotisserie and grills

New ‘HAPPY DAYS’ Sign on Fascia

New ‘Happy Days’ electrically operated sun blind to front of shop

This information is given in good faith by Liberty Estate Agents – it is the purchaser or his solicitors’ responsibility to re-confirm these details prior to exchange of contracts.

 

Viewing
Please contact our Crouch End Office on 020 8348 6669 if you wish to arrange a viewing appointment for this property or require further information.

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Liberty Property endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.