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Advert Ref: C1212

Leasehold Lic. Persian Restaurant - Finchley. London N12

  • North Finchley, London
Asking price:
£250,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

LOCATION
This superb concern occupies a prime trading location fronting the busy High Road in North Finchley being amoungst a number of High Street food chains including McDonalds, KFC, Nando's, Greggs, Caffe Nero's, Starbucks, and Costa Coffee. There is on street parking directly outside plus a large public carpark immediately to the rear.

BUSINESS
This business was established by our clients only a few months ago having spent months renovating and refurbishing an old bank building from bare walls in to the tremendously well presented high class concern we see today. The premises is double width and has been completely re-modelled with all new walls, flooring and ceilings installed along with all new electrics, plumbing, fire, music, cctv and air-conditioning systems. The end result is a stunning 100 seat restaurant which has already won fantastic Tripadvisor reviews for its food and atmosphere. Currently presented as an Iranian/Persian restaurant the premises would be ideal for alternative cuisines if desired. The business is only now being marketed due to the vendors sudden ill health.

TURNOVER
Currently taking £10,000 - £12,000 pwk after a couple of months trading with no advertising.

HOURS
11.30am - 10.30pm Mon - Thurs
9.30am - 11.30pm Fri & Sat
9.30am - 10.30pm Sun

PREMISES
Double unit with new frontage fitted with steel security roller blinds. There is potential for outside pavement seating for approx 20 if desired. Restaurant Area: Tiled flooring, quality tables and chairs plus fitted bench seating for some 100 covers. Statement bar to rear fitted with Epos till system, coffee machine and grinder, ice machine, st/stl sink, triple glass fronted chilled drink display unit. Walk in bar store. Corridor giving access to Office/Store Room: Chest freezer. Customer toilets: Central bathroom with gold hand wash basins, electric hand driers. Sep. ladies and gents WC's. Kitchen: Large well laid out fully tiled professional kitchen with full length extractor system. servery hatch to restaurant, St/stl prep surfaces, 4m charcoal grill, 2 gas hotplate/grills, 2 x dble fryers, bain marie, st/stl refrigerated store prep unit, 6 burner range, large dble door st/stl fridge, large dble door st/stl freezer, large commercial double oven. Door to outside rear yard: bin storage area, space for walk in cold room. Vehicle access road to rear. There is also a large basement area accessed via a trap door in the restaurant.

TENURE
New 15 year lease from September 2024. Rent £85,000 pa (3 year reviews)

EPC RATING
TBA

BUSINESS RATES
£18,000 pa payable (Discounted in 1st 3 years)

Property:
Leasehold
Premises details:
Double unit with new frontage fitted with steel security roller blinds. There is potential for outside pavement seating for approx 20 if desired. Restaurant Area: Tiled flooring, quality tables and chairs plus fitted bench seating for some 100 covers. Statement bar to rear fitted with Epos till system, coffee machine and grinder, ice machine, st/stl sink, triple glass fronted chilled drink display unit. Walk in bar store. Corridor giving access to Office/Store Room: Chest freezer. Customer toilets: Central bathroom with gold hand wash basins, electric hand driers. Sep. ladies and gents WC's. Kitchen: Large well laid out fully tiled professional kitchen with full length extractor system. servery hatch to restaurant, St/stl prep surfaces, 4m charcoal grill, 2 gas hotplate/grills, 2 x dble fryers, bain marie, st/stl refrigerated store prep unit, 6 burner range, large dble door st/stl fridge, large dble door st/stl freezer, large commercial double oven. Door to outside rear yard: bin storage area, space for walk in cold room. Vehicle access road to rear. There is also a large basement area accessed via a trap door in the restaurant.

Trading hours:
11.30am - 10.30pm Mon - Thurs 9.30am - 11.30pm Fri & Sat 9.30am - 10.30pm Sun

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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