Thriving Italian Restaurant in Prime North West London Location Available for Purchase
City of London, London
- Status
FOR SALE
- Date Submitted:
24/11/23
- Advert ID
603089
- Leasehold: £90,000
- Rent: £25,000
- Turnover: On request
- Net Profit: On request
Key Features
- Prime Location
- Fully Fitted
Business Details
Italian restaurant for sale in North West London
An established Italian Restaurant is up for sale in the heart of London. The establishment has been in operation for 3 successful years, creating a name for itself in the hustle and bustle of the city’s culinary scene.
The restaurant is strategically situated on a bustling main road in central London, with unbeatable proximity to the tube station - being just 30 seconds away. This prime location offers a constant flow of both local and visiting clientele. Additionally, its position in a vibrant dining district assures a healthy competition, adding to its appeal.
The asking price for the business is £90,000 on a leasehold basis. This includes all the new fixtures and fittings, ensuring a seamless transition for the new owner. Its top-notch, newly installed fixtures further emphasize the great value this property offers.
A unique feature of this establishment is its late-night license. Operating hours extend till 2am from Monday to Thursday, with an additional hour of business until 3am on weekends. This not only allows for a broader daily customer base, but also attracts the city's late-night food enthusiasts.
One of the key features that set the business apart is its strong online presence. It boasts a well-maintained website along with a burgeoning following on various social media platforms. Moreover, the restaurant prides itself on its highly-rated review profiles on Trip Advisor and Google, with a remarkable average rating of 4.5 stars, reflective of its consistent service quality.
The current owner is planning to move abroad, which has necessitated the sale. If you require complete details about this business, please feel free to reach out. This is undoubtedly a fantastic opportunity for those looking to invest in a thriving business with a prime location in London's food scene.
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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.
Stay Safe
Don't 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 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.'.
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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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