 | Licensed Restaurant in City of London For Sale City of London, London, United Kingdom Advert ref: 1818NP FINANCIAL DETAILS | Asking price: £25,000 Sales revenue: < £200k Net profit: < £100k Fixtures value: £10,000 Stock value: Undisclosed | BUSINESS DESCRIPTION | The Business Partnership is offering for re-assignment the lease on what is currently a Thai restaurant operating in the very busy City of London with 100 + covers.
The premises consist of ground floor with kitchens, bar, buffet area and 56 covers. The basement has 40 covers, a separate bar area with seating for 15 and is ideal for private function hire.
| GENERAL INFORMATION | Trading hours: The business currently operates Mon - Fri, 11.30am - 3.30pm and 6.00pm - 10.00pm Property: Leasehold
Lease terms There are 16 years left on a 25 year lease. Rent is currently £64k per year with rates at £28k
| The Business Partnership - South West London |  | |  |