Prime Location Leasehold Cafe/Restaurant with A3 Use in Sidcup, London for Rent
Sidcup, London
- Status
FOR SALE
- Date Submitted:
15/08/23
- Advert ID
518149
- Reference
C1152 / Rightbiz
- Call Agent:
- Leasehold: £85,000 (Stock at valuation)
- Rent: £25,000
- Turnover: £196,400 (£3,777 Per week)
- Net Profit: On request
Key Features
- Town Centre location
- Price Reduced
- Established Business
- Attractive Business
- Fully Fitted
- Prime Location
- Close to Local Amenities
Business Details
LEASEHOLD LIC. CAFE RESTAURANT(A3 USE)
PRIME TOWN CENTRE POSITION - HUGE POTENTIAL FOR EVENING TRADE - IMMACULATE PREMISES - TURNOVER £3,500 PWK (Plus £1,200 PCM from 1 evening) - 50 COVERS
Location
These immaculately presented premises occupy a prime trading location fronting Sidcup High Street being amongst all the major multiple store, banks and offices enjoying tremendous footfall.
Business
This is a well established concern which is now only being marketed as a result of the vendors other business interests. Tremendous potential exists for longer hours especially evening trade (Can open until 11.00pm).
Turnover
£3,500 PWK @ 65% G.P (PLUS £1200 PCM from 1 evening per month)
Staff
Owner plus 1 full and 3 part timers
Hours
8.30am – 4.00pm Tues to Sun (Closed Mon)
Note: The premises are fully licenced and can trade until 11.00pm
Premises
Imposing premises with bifold double glazed frontage and single entrance to: Restaurant Area: Immaculately presented with 50 covers at quality furniture, counter, drinks chiller, 3 group espresso machine, elect. till. Customer Ladies and Gents W.C's. Kitchen: 4 burner range, 6 burner range, griddle, pizza oven (Unused at present) double fryer, 2 panini grills, full extractor canopy, 2 twin door chillers, 2 chest freezers, double st/stl sink, dishwasher. Store Room: pedestrian access at rear
Tenure
20 years remaining on current lease RENT - £25,000 PA (5 year reviews)
EPC Rating
Band C
Business Rates
TBA
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Do not 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 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.
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
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
Get Solicitor
