Leasehold Restaurant In Crystal Palace

Business Description

ADVERT TEXT
LEASEHOLD LIC. KOREAN RESTAURANT

LOCATION
The property enjoys a prime location in the heart of Crystal Palace, within the vibrant Crystal Palace triangle. It benefits from high foot & vehicular traffic and is just 400 meters from Crystal Palace Station, offering direct train connections to London Bridge and London Victoria. Nearby establishments include Everyman Cinema, Yard Sale, and Palazzo.

BUSINESS
Well presented and equipped concern currently operating as a Korean Restaurant/Takeaway specialising in fast fresh Korean fusion food for both eat in and takeaway/delivery. The premises are of course suitable for a wide variety of styles of cuisine.

TURNOVER
We are advised that the business enjoys takings of £5,000 - £5,800 PWK @ 65% GP.

HOURS
10.00am - 10.30pm Mon - Sun

PREMISES
Fully fitted double fronted premises circa 1,500 sq/ft. (Ground floor is: 825 sq ft and basement is: 680 sq ft.) Fully refurbished only 2 years ago at a cost of circa £100,000 to include a new kitchen extract hood & motor, completely rewired electrics and general fit out. Restaurant Area: seating for 30-40 covers. Servery to rear with 3 menu monitor displays over, Epos till system, refrigerated drinks display unit, fridge, st/stl hand wash basin, Kitchen to rear with full length st/stl extractor system, 6 pan bain marie, electric oven/hob, hotplate, 2 fryers, rice cooker, triple st/stl fridge, st/stl worktops and shelving, hot cupboard, insectacutor. Customer WC with hand wash basin. Stairs to downstairs basement area. Office. Prep Room/Store with Walk in Coldroom, st/stl work tops, st/stl sink. Shelving.

TENURE
Renewable 15 year lease expiring in 2028. Rent £21,600 pa (3 year reviews)

EPC RATING
TBA

BUSINESS RATES
£4,560 pa Payable.

Property Information

Property:

Leasehold

Location:

The property enjoys a prime location in the heart of Crystal Palace, within the vibrant Crystal Palace triangle. It benefits from high foot & vehicular traffic and is just 400 meters from Crystal Palace Station, offering direct train connections to London Bridge and London Victoria. Nearby establishments include Everyman Cinema, Yard Sale, and Palazzo.

Premises details:

Fully fitted double fronted premises circa 1,500 sq/ft. (Ground floor is: 825 sq ft and basement is: 680 sq ft.) Fully refurbished only 2 years ago at a cost of circa £100,000 to include a new kitchen extract hood & motor, completely rewired electrics and general fit out. Restaurant Area: seating for 30-40 covers. Servery to rear with 3 menu monitor displays over, Epos till system, refrigerated drinks display unit, fridge, st/stl hand wash basin, Kitchen to rear with full length st/stl extractor system, 6 pan bain marie, electric oven/hob, hotplate, 2 fryers, rice cooker, triple st/stl fridge, st/stl worktops and shelving, hot cupboard, insectacutor. Customer WC with hand wash basin. Stairs to downstairs basement area. Office. Prep Room/Store with Walk in Coldroom, st/stl work tops, st/stl sink. Shelving.

Business Operation

Trading hours:

10.00am - 10.30pm Mon - Sun

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed