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Substantial Centrally Located Leasehold Property

Substantial Centrally Located Leasehold Property With Licensed Basement Bar(50 pax), Trading Ground Floor Restaurant (50 pax) & Three Residential Flats.
Ref no: AC045
Confidentially offered for sale
Location
London
Asking price £350,000

Ground Floor

The ground floor is currently trading as a popular authentic Chinese restaurant that is welcoming, comfortable has great ambience. 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.