Delightfully Warm, Large Restaurant For Sale in Vibrant Clapham North, London
Clapham, London
- Status
FOR SALE
- Date Submitted:
07/10/21
- Advert ID
284087
- Reference
E7688RB / Rightbiz
- Call Agent:
- Leasehold: £130,000
- Rent: £13,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Accounts Available
Business Details
DELIGHTFULLY WARM RESTAURANT, CLAPHAM NORTH, LONDON
LOCATION: In an ideal but fantastic position close to the Northern line tube station and Clapham High Street with its busy and vibrant shopping area comprising many bars and restaurants nearby.
DESCRIPTION: A very warm, large (3,200 sq ft) but cosy, welcoming, relaxed and friendly atmosphere has been created in this lovely double fronted bar and restaurant claimed to be one of the best places to frequent in Clapham. The prominent front has a cosy terrace with seating for 50 persons outside and 90 covers inside. There is a large bar section with bar stools followed by the restaurant seating area incorporating a stage, ladies, gents and disabled wc’s, a part open fully fitted and equipped kitchen, a store room, an office and a staff wc.
BUSINESS: Free of tie, family run establishment with 2 full time staff taking £3,400 pw @ 65%/70% g.p. Retirement sale.
HOURS: Monday to Wednesday noon to 10.30 pm. Thursday, Friday and Saturday noon to 2:30 am.
EQUIPMENT: Fully fitted and equipped with a 6 burner and a 14 burner gas cooker, a double fryer, a charcoal grill, a hard top griddle, a salamander, a meat slicer, an Audoin vac machine, a walk in fridge and freezer, a hydro carbon cooler, a small Buzzard stainless steel freezer, an upright Precision stainless steel freezer, a Meiko industrial dish washer, a stainless steel 2 door worktop fridge, 1 pizza fridge, a Samsung microwave, a bar with a 3 door bar fridge, 2 Sammic glass washers, a Sammic epos system, a Gaggia Cappuccino machine, a Florengato grinder, 3 televisions with a sound system, furniture, etc.
TENURE: Renewable 20 year F.R.I. lease from 8 April 2004 with 5 yearly rent reviews at the current of £65,000 pa including VAT. Next rent review in 4 years. Business rates £13,880 pa payable.
VIEWINGS: STRICTLY BY APPOINTMENT ONLY
Negotiations: Strictly through Sole Agents PEGASUS BUSINESS SALES
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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.
Be safe, use a Rightbiz Solicitor
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