LONDON - WELL-POSITIONED RESTAURANT

LEASEHOLD £75,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. The 'lock up' restaurant unit is available on a new full repairing and insuring agreement as below:- For a length to be agreed. Inside Part II Landlord & Tenant Act 1954. Three month rental deposit in advance, plus personal guarantors if the lease were taken as a limited company, or alternatively a higher rental deposit figure between six and twelve months. A rent of £36,000. Rent paid quarterly in advance. Subject to rent reviews of a frequency to be agreed dependent on the length of term. Suitable insurance to be in place prior to exchange of contracts. An incoming party will be required to demonstrate sufficient funds to sustain their business model, and will need to demonstrate ingoing capital to cover the premium, rental deposit, stock, working capital and solicitor's fees as a minimum. An incoming party will be required to demonstrate their business acumen by providing a business plan and cashflow forecast. No direct approach to be made to the business, with all communications directed through Sidney Phillips. Viewing strictly by appointment only.

GROUND FLOOR Entrance from Bellegrove Road into waiting area which provides seating for 10. This area in turn opens into an extensive OPEN PLAN RESTAURANT AREA which is presented with carpeted flooring, air-conditioning and a 'Mediterranean' motif. The restaurant also benefits from a dance floor and raised stage area and is serviced by a BAR SERVERY with glass machine and ice machine. The restaurant is licensed to provide seating for 140 covers. Leading to the rear of the trade space is access to the TRADE KITCHEN which is presented with tiled flooring, charcoal grill, double deep fat fryer, eight burner range cooker, bain marie, salamander, microwave, dishwasher, double stainless steel sink unit, stainless steel work surfaces, extractor, chest freezer, potato peeler and 'walk in' chiller. Also offset from the restaurant is access to MALE AND FEMALE WCS, as well as a STAFF ROOM. To the rear of the property there is a covered TRADE YARD which provides additional storage and houses two chest freezers. Furthermore, there is a further STORE with 'walk in' chiller and two chest freezers, as well as a separate WINE STORE. EXTERNAL To the rear of the property there is a GARDEN AREA which houses shed storage.