Historic Market London Restaurant & Cocktail Bar for Sale - Prime City Location!
City of London, London
- Status
FOR SALE
- Date Submitted:
21/10/21
- Advert ID
284787
- Leasehold: £50,000
- Rent: £37,500
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Accounts Available
- Fully Fitted
- Established Business
- Attractive Business
Business Details
ESTABLISHED restaurant and cocktail bar. Business situated in historic MARKET in the city of London
RESTAURANT & COCKTAIL BAR FOR LEASEHOLD SALE IN LONDON.
A well-established restaurant and cocktail bar is available for sale in the historic market in London. The business operates from a bustling area in the city of London with many shops and restaurants around.
The business premises has been fully refurbished with all the kitchen equipment. Everything is has been renovated from the ceiling, walls, floor, electrical wires in-ground and basement floor, new furniture, toilets, etc.
The restaurant has a ground floor with 36 seats, while the basement has ten seats. It has an outside area with six tables that can accommodate 22 people. The outside market space is used as a street trading front of the restaurant from Monday to Friday and is an extra benefit.
The business comes for the. The asking price of £50000. The shop has seven years of the remaining lease and. Annual payable rent of £37,500 Per annum. The. The business rate is £15,000 Per annum.
The business comes with an alcohol license to operate from 10 am-12 am Monday to Sunday.
Please feel free to get in touch with me for any further details.
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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.
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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