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Leasehold Restaurant in Kingston, London - 4 Bed Flat Included, Long Lease, Low Rent, No Rates, £450k Turnover!

Kingston upon Thames, London
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Leasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No Rates Photo 1
Leasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No Rates Photo 2
Leasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No Rates Photo 3
Leasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No Rates Photo 4
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Leasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No RatesLeasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No RatesLeasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No RatesLeasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No RatesLeasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No Rates
  • Status

    FOR SALE

  • Advert ID

    506585

  • Leasehold: £59,900
  • Rent: £17,000
  • Turnover: £500 (£10 Per week)
  • Net Profit: £100 (20% Profit margin)

Key Features

  • Prime Location
  • Accounts Available
  • Attractive Business
  • With Car Park
  • High Turnover
  • Established Business
  • Unique Business
  • Retirement Sale
  • New Lease

Business Details

Leasehold Resaurant for Sale + 4 bedroom Upstairs Long lease, Cheap Rent, No Rates

Newly Renovated leasehold premises, the restaurant is exceptionally well-presented with welcoming in-house and take-away customer service and seating for 24. The restaurant achieves its £450,000 of Turnover, whilst offering further potential to increase the takings, by lunchtime trade and the business has gained over the last four years an excellent reputation within the area and consistently good reviews.

The area has a combination of both tiled and wooden flooring with wooden tables and chairs and neutral déCor throughout along with toilets. The kitchen is well-equipped with good quality fryers, work benches and commercial stoves and much more. The property has all fixtures and fitting included- fridges, fully fitting kitchen ready to use. The first floor of the accommodation – this is a large living space with four bedrooms, storeroom and additional bathroom. Rent is 17,000 per annum, review every five years, close to zero business rates & a 10 Year New lease.

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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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