Advert Ref: RS.05.19. 89.FHL.

Italian Restaurant Cocktail Bar- Forest Hill London Se23 For Sale

  • Forest Hill, London
Asking price:
£89,000
Sales revenue:
£275,000
Net profit:
Undisclosed


Confidential Sale-Viewings strictly by appointment only. Established in October 2018, County Business Sales have pleasure in bringing to the market this appealing restaurant/cocktail bar offering a new innovative blend of regional Italian cuisine in the form of tapas. Since its inception the business has achieved an impressive 5 /5 from 23 reviews on Trip Advisor ( at time of writing May 2019).

Property:
Leasehold
Lease terms:
The current twenty-one-year lease expires in 2040. We are advised that the current rent is: £23,000 per annum plus vat. The next rent review is due in 2023
Premises details:
Confidential Sale-Viewings strictly by appointment only. The business trades from an attractive location in Forest Hill, a district of the London Borough of Lewisham in south east London, The premises have wooden laminate flooring, wooden tables and chairs plus upholstered bench style seating to the rear. The interior, designed by Relic Interiors, has a modern industrial feel with vintage Italian motifs The bar area has eight barstools with two beers on tap, The business is configured for seventy covers inside with four bi folding doors that open up to an additional twelve covers outside for those customers who prefer their coffee and tapas Al Fresco. There is a full commercial kitchen to the rear and three WC’s including disabled. There are bus services close by and the restaurant benefits by being opposite a rail station. There is also a public car park nearby and on street parking.
Planning consent:
A3 with alcohol license.
Energy Performance Rating:
D

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

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