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Licensed European Restaurant in Middlesex London, New Fit-Out, 5-Star Hygiene, £10k Weekly Turnover For Sale

Middlesex, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    12/09/23

  • Advert ID

    599327

  • Reference

    R1856 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £165,000
  • Turnover: £520,000 (£10,000 Per week)
  • Net Profit: Not Applicable

Business Details

Licensed European Restaurant for Sale

WE ARE INFORMED by the owner the turnover currently averages £10,000 per week with a gross profit of 65% approx. (25% online sales via Deliveroo, etc) FEATURES:
NEWLY FITTED 2021
6 DAYS OPENING
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 650 ft² with CANOPY. Wood strip floor, suspended ceiling with spotlights. Air conditioning with hot air. Tables and chairs providing seating for 40 persons. Bar, cash register. CCTV system (6 cameras, 1 monitor).

KITCHEN. Stainless steel extractor unit, grill, 2-pan deep fryer, ice machine, 6-burner gas cooker, under-counter fridge, fridge, 2 freezers, refrigerated making table, 2-deck pizza oven, 2 sinks with drainer, preparation table, microwave

Walk-in coldroom

Small Stockroom

Toilet with w.c. and wash hand basin ACCOMMODATION:
THE ACCOMMODATION entrance via door to the right of the shop to FLAT above, at present let on a shorthold tenancy providing a rental income of £1,650 per month. The accommodation comprises:

4 Bedrooms (3 doubles, 1 single)
Box Room
Fitted kitchen / diner
Lounge
Bathroom with bath, toilet and wash sink PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus VAT plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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.

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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.'.

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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.

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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.

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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.

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The data showed regarding this advert 'Licensed European Restaurant for Sale - R1856 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.