Fully Equipped 40-Seater Restaurant for Sale in Lavender Hill, Battersea, London
Battersea, London
- Status
FOR SALE
- Date Submitted:
01/05/24
- Advert ID
610634
- Reference
LAVENDER_HILL_RESTAURANT / Rightbiz
- Call Agent:
- Leasehold: £105,000 (Stock at valuation)
- Rent: £27,500
- Turnover: £286,000 (£5,500 Per week)
- Net Profit: Not Applicable
Key Features
- Attractive Business
- Adjacent to Multiple Retailers
- Close to Local Amenities
- Price Reduced
- Fully Fitted
- Offers Invited
- Potential for Alternative Use
Business Details
Fully Fitted 40Covers Restaurant for Sale in Lavender Hill, Battersea
Restaurant for Sale in Lavender Hill, Battersea
MAIN FEATURES
- Circa 1140 Sq. Ft
- Fully Fitted Restaurant
- Premises Licence in Place
LEASE DETAILS
- Lease: Ending March 2031 (Inside the Act of 1954)
- Current Rent: £27,500 PAX
- Rent Review Term: Every 5 years
- Next Rent Review: March 2026
- Premium: 105,000 (Business, Lease and FF&E)
LANDLORD’S REQUIREMENT
- Rent Deposit Required (subject to references)
- Personal Guarantor Required
- Bank, Trade & Accountant’s Reference required
- Evidence of financial credibility
PREMISES
- Area: Total Circa 1140 Sq. Ft
- Circa 40 Covers
- Potential to add 8 covers outside
- Benefits from Gas & Extraction
- Payable Business Rates: Circa 9,356/annum (Rateable Value: 18,750)
LOCATION
- Lavender Hill, Battersea SW11
- 0.6 mile to Clapham Junction Station
- 1.2 mile to Battersea Park Station
TRADING
- We have been informed that the business generates circa £5,500 per week gross sales
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are 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
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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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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.
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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.
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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.
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
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