Prime Grill House & Takeaway in Central London EC1, Near Major Attractions
City of London, London
- Status
FOR SALE
- Date Submitted:
28/02/22
- Advert ID
291267
- Reference
E7704RB / Rightbiz
- Call Agent:
- Leasehold: £250,000
- Rent: £138,000
- Turnover: On request
- Net Profit: On request
Business Details
GRILL HOUSE AND TAKEAWAY, CENTRAL LONDON, EC1
LOCATION: On the main road which is part of the A201 route connecting Kings Cross to Elephant & Castle and close to the former Guardian newspaper headquarters with good traffic flow, excellent restaurant, very good bus connections and only a short stroll from Angel and Upper Street. A new Hilton Hotel is proposed close by with a new Premier Inn also under construction snd is close to Exmouth market.
DESCRIPTION: Amazing little Greek restaurant with an incredible relaxed atmosphere and authentic ambiance. A very clean premises offering generous food served by friendly staff.
A single fronted unit with a takeaway area with a serve over counter within 700 sq ft on the ground floor. To the rear of the restaurant is the seating area with 40 covers plus 8 covers outside to the front.
The basement is 400 sq ft comprising a large kitchen with a preparation area wash up area, 2 customer wc’s and 2 small storage cupboards.
BUSINESS: Established business. At 65%/70% g.p. and Run by the family with staff.
HOURS: Six days. Tuesday to Saturday 11:00 am to 11 pm, Closed on Mondays.
TENURE: 10 year f.r.i. lease from 2019 at a current rent of £60,000 pa.
RATES: £2,330 pa.
VIEWINGS: Strictly by appointment only. Owners or staff must not be approached without prior arrangement through the agents at any time.
NEGOTIATIONS: Strictly through PEGASUS BUSINESS SALES
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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.
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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.
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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