Top Italian Restaurant in Bromley London, 120 Covers, £8K-£10K Weekly Turnover
Bromley, London
- Status
FOR SALE
- Date Submitted:
02/06/23
- Advert ID
514175
- Reference
C1141 / Rightbiz
- Call Agent:
- Leasehold: £170,000 (Stock at valuation)
- Rent: £50,000
- Turnover: £475,000 (£9,135 Per week)
- Net Profit: On request
Key Features
- Retirement Sale
- Fully Fitted
- High Turnover
- Close to Local Amenities
- Prime Location
- Attractive Business
- Accounts Available
- Established Business
Business Details
OUTSTANDING LEASEHOLD LICENCED ITALIAN RESTAURANT
SUPERB LOCATION * IMMACULATE PREMISES * 100 COVERS PLUS OUTSIDE SEATING FOR 20 * TURNOVER £8,000/£10,000 PWK * GREAT POTENTIAL
Location
These immaculately presented premises occupy a prime corner location fronting a busy main road on the outskirts of Bromley, serving a well populated residential area. The business enjoys trade from over a wide catchment area.
Business
Well established, having been in the present hands for some 10 years and now only being marketed as a result of the Vendors wish to retire. Tremendous potential exists for weekday lunch trading.
Turnover
£8,000 - £10,000 PWK @ 60% G.P.
Staff
Owner plus 4 full timers and 3 part timers
Hours
Tues - Thurs 6.00pm to 10.00pm
Fri and Sat 12.00pm to 3.00pm and 6.00pm to 10.00pm (Closed Mon) 12.00pm to 3.00pm Sun
Premises
Covered terrace to front with 20 covers. Imposing double fronted premises with single entrance to: Main Restaurant Area: with 100 covers at quality furniture, air con unit, Bar counter, till, drinks chiller, coffee machine. Customer Ladies and Gents W.C's. Kitchen: Well equipped including: 6 burner range, 2x2 large hobs, chargrill, griddle, double fryer, grill, full extractor canopy, under counter refrigeration, 2 twin door chillers, twin door freezer, microwave oven, deep st/stl sink, dishwasher. Walk in cold room: OUTSIDE: Courtyard: Staff W.C. Store Room: 3 chest freezers. Office: 1 Parking space.
Tenure
10 Years remaining on original 20 year lease RENT - £50,000 PA Next review 2033
EPC Rating
TBA
Business Rates
£4,600 P.A. Payable 23/24
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 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
