Business for Sale in England: London - PIZZA RESTAURANT - Leasehold: £100,000

Key Information

Ref
R34277LN
Type
Food Service Businesses: Pizza Restaurants
Location
England: London
Tenure
Leasehold
Status
For Sale
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We are delighted to be favoured with the sale of this fully equipped pizza/pasta restaurant, located in this main street corner location. The business has been in established for approximately 25 years and was formerly a Pizza Express. It then changed to an independent outlet offering quality pizza and pasta menu. This is a genuine reason for sale as the owner is retiring.

Situated in a prime trading position. Crystal Palace (Upper Norwood) is an up and coming South London 'village' located between Dulwich, Bromley and Croydon which has been the subject of recent investment and regeneration. The village has excellent transport links with regular trains from Crystal Palace and Gipsy Hill mainline stations to London Bridge and London Victoria. The Overground provides links to South East / East London and The Docklands. Central London is approximately 6 miles north of Crystal Palace with Croydon approximately 3 miles to the south.

The premises enjoys a corner street position in this popular main street location. The accommodation is arranged over two levels. The ground floor level houses approximately 90 covers which is divided by a feature open aspect pizza preparation area, with marble work surfaces and industrial pizza ovens. It also has WC facilities as well as separate kitchen. The basement is a substantial size and is made up of store rooms and offices, as well as housing a walk-in freezer and other equipment.

The current owners also have small office area for the administration work.

The restaurant is open 7 days a week, but also has further scope to improve its turnover by offering deliveries through several mediums. It has excellent google reviews as well as a comprehensive pizza and pasta menu. The business can be run as an owner occupier or staff run or a mix of both. The lease terms are favourable for this location.

Accommodation:

Door leading to covered entrance vestibule with further door leading to:

Reception Area:The main reception area has a welcoming feel and houses approximately 50 covers with imposing side and front window seating, tiled flooring, Bar area with bar stools and marble work tops with drink displays behind. Walkway to Open plan pizza preparation area with industrial ovens and marble preparation surfaces. Further chiller units and walkthrough to:

Further seating area:This area houses approximately 40 covers and also has access to “his and hers” WC facilities.

Kitchen:

Fitted with a range of stainless-steel fittings including a double bowl sink unity, storage shelving, 4 x ring gas cooker with extractor canopy above, tiled walls, wall mounted central heating boiler serving the domestic hot water and radiators.

From the main seating area and to the side of the kitchen there is a door which leads to stairs which go to the basement level and personal side access door.

Basement:

The basement offers several good size store rooms, walk in freezer, free standing freezers as well as a segregated office ideal for the administration of the business.

Trading Hours:

Sunday to Thursday: 11.30am to 10.30pm

Friday and Saturday: 11.30am to 11.30pm


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