Leasehold Lic. Italian Restaurant in Crystal Palace

Business Description

LOCATION
These charming premises occupy a prime trading location in the centre of Crystal Palace, being close to all the major multiples banks, offices. The business serves a well populated affluent residential area.

BUSINESS
Opened in November 2023 after a major refurbishment this beautiful restaurant has quickly established itself as one of the best restaurants in the area with well deserved glowing reviews on TripAdvisor. Offering great service along with a marvelous authentic Italian menu and a high end atmosphere the business is only now on the market due to the vendors other business interests here and abroad.

TURNOVER
£15,000 PWK @ 60 % G.P.

HOURS
12.00pm - 10.00pm Mon to Sun

PREMISES
Imposing Mid Parade premises with charming frontage and single entrance to: Entrance vestible. Bar/Restaurant Area: 2,200 sq/ft. Totally refitted in 2023 to a very high end fit out. with 120 covers at high quality furniture. air con units. Impressive illuminated Bar: fully equipped including, 2 large multi door wine/beer chillers, 3 EPOS tills. Disabled W.C. Kitchen - Full extractor canopy, 12 burner range, double oven, grill, griddle, double fryer,, 3 undercounter refrigeration units, double st/stl sink Rational convection oven, commercial dishwasher. Lower Ground Floor: Ladies and Gents Customer Toilets. Staff changing/Store Room: 3 Upright chillers. Wine Store: walk in cold room:
TENURE
Approx 10 years remaining on original 15 year lease. RENT - £35,000 P.A. (5 year reviews)

EPC RATING
Band C

BUSINESS RATES
TBA

Property Information

Property:

Leasehold

Premises details:

Imposing Mid Parade premises with charming frontage and single entrance to: Entrance vestible. Bar/Restaurant Area: 2,200 sq/ft. Totally refitted in 2023 to a very high end fit out. with 120 covers at high quality furniture. air con units. Impressive illuminated Bar: fully equipped including, 2 large multi door wine/beer chillers, 3 EPOS tills. Disabled W.C. Kitchen - Full extractor canopy, 12 burner range, double oven, grill, griddle, double fryer,, 3 undercounter refrigeration units, double st/stl sink Rational convection oven, commercial dishwasher. Lower Ground Floor: Ladies and Gents Customer Toilets. Staff changing/Store Room: 3 Upright chillers. Wine Store: walk in cold room:

Business Operation

Trading hours:

12.00pm - 10.00pm Mon to Sun

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed