Newly Refurbished London Restaurant with 2-Bedroom Flat For Sale
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
11/10/21
- Advert ID
284227
- Leasehold: £210,000 (Stock at valuation)
- Rent: £19,000
- Turnover: £260,000 (£5,000 Per week)
- Net Profit: On request
Key Features
- Offers Invited
- Established Business
Business Details
A newly refurbished restaurant for Sale with a 2 bedroom flat above
RESTAURANT FOR LEASEHOLD SALE IN LONDON
A newly refurbished and well-established restaurant is available for leasehold sale in London. The restaurant is of a high standard and comes with a two-bedroom flat above.
The restaurant's takings are £5,000 per week, and the rental income from the upstairs flat is £2,000 per calendar month.
The Asking price of the business is £210,000 inclusive of all fixtures and fittings with Annual rent for the whole building at £19,000. The property has a lease remaining for 15 years.
The business made an Annual turnover of £260,000 last business cycle. The books of account and annual net profit can be made available upon request.
Listing Statistics
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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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