Fully Equipped Award-Winning Italian Restaurant with 40 Covers in Hammersmith for Sale
Hammersmith, London
- Status
UNDER OFFER
- Date Submitted:
04/01/24
- Advert ID
604564
- Reference
HAMMERSMITH_ITALIAN_RESTAURANT_BUSINESS / Rightbiz
- Call Agent:
- Turnover: £208,000 (£4,000 Per week)
- Net Profit: Not Applicable
Key Features
- Price Reduced
- Fully Fitted
- Offers Invited
- Town Centre location
- Trade Gardens Available
Business Details
40Covers, Fully Fitted Italian Restaurant for Sale in Hammersmith OPEN TO OFFERS
Award-Winning Italian Restaurant for Sale in Hammersmith
MAIN FEATURES
- Multi-Award Winning Italian Restaurant
- OpenTable’s Diners’ Choice Award (2018)
- Situated in a Sought After Location in King Street
- Well Maintained Kitchen & Restaurant
- Previously Occupied by a Popular Daytime Cafe
- Benefits from Rear Garden
LANDLORD’S REQUIREMENTS
- 3-6 Months Rent Deposit Subject to References
- Accountant’s references
- Trade references
LEASE DETAILS
- Lease: Ending Dec 2031 (Inside the LTA 1954)
- Rent: £24,000 PAX reviewed every 4 years
- Next Rent Review: Dec 2025
- Premium: OPEN TO OFFERS
THE PREMISES
- Rear Garden
- Circa 868 Sq. ft (Ground Floor & Mezzanine)
- Rateable Value: 19,750 (Payable Rates: £9,000)
- Circa 40 Covers spread over Ground Floor and Mezzanine
- Fully Fitted Commercial Kitchen
- On & Off Premises Licence in Place
- Permitted Hours: 10am till 12am (Sun: 11:30pm)
THE BUSINESS
- Currently trading limited hours only
- Gross Sales: Circa £4,000/week (£208,000/year) (As per the seller)
- Currently offering Dine-In only. Potential to increase sales by adding delivery business
- Excellent reviews across several platforms
- Multi-Award Winning Italian Restaurant
THE LOCATION
- King Street, Hammersmith W6
- Next to Ravenscourt Park
- Sought after Location
- Several Eateries nearby
- Ravenscourt Underground: 0.2 Mile
- Hammersmith Broadway Shopping Centre: 0.7 Mile
- Stamford Brook Station: 0.3 mile
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
