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Business For Sale

Leasehold Property With Licensed Basement-£350,000

London, United Kingdom, GB

Services: Real Estate

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$577,089
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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Not Disclosed
0
29314382

Business for Sale Overview:

Accommodation:Ground Floor -The ground floor is currently trading as a popular authentic Chinese restaurant that is welcoming, comfortable has great ambiance. This distinctive restaurant is approximately 500 sq ft and caters for 50 covers. The menu is genuine Chinese cuisine and offers exactly what is required, good value, excellent food, all served or ready to take away within a few minutes of arrival. Basement - The basement bar is a very prominent feature of this property and has in the past given very good financial returns. Currently the bar is operating in the evenings as a karaoke bar and is also extensively used as an overflow from the restaurant. It is the only licensed wine bar/bar in the surrounding area besides the public houses. The basement currently occupies approximately 500 sq ft and is ripe for refurbishment. Further investment and a generous combination of innovative insight and entrepreneurial spirit would grow this business into a significant enterprise and provide extra income to the property owner. Basement bars are the hidden gems of party locations, exclusive and private it would also be ideal for birthday and engagement parties, a venue of this nature would successfully combine with the restaurant.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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