Fully fitted restaurant for sale in Nine Elms with commercial kitchen and late-night license
Nine Elms, London
- Status
FOR SALE
- Advert ID
607283
- Leasehold: £60,000
- Rent: £35,000 (£2,917 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- Access to food delivery platforms
- Accessible location
- Accessible street-level entrance
- Accessible to local amenities
Business Details
FULLY FITTED RESTAURANT With Spacious Basement for sale NINE ELMS
FULLY FITTED RESTAURANT – NINE ELMS, SW8 – £59,950
READY FOR IMMEDIATE TAKEOVER
Asking Price: £59,950 – OFFERS INVITED
A fantastic opportunity to acquire a fully fitted restaurant in the popular Nine Elms / SW8 area of London, with the benefit of an extensive commercial kitchen, fixtures, fittings and equipment included in the sale.
The premises are ideally suited to an experienced restaurant operator looking to launch their own concept without the substantial cost and time involved in fitting out a new restaurant from scratch.
KEY FEATURES
Asking price: £59,950 – offers invited
Fully fitted restaurant
All fixtures, fittings and equipment included
Approximately 40 covers
Professional commercial kitchen
Rational commercial oven
Existing extraction and restaurant infrastructure
Suitable for a wide range of food concepts
Strong residential and commercial development in the surrounding area
Nine Elms / SW8 location
20-year renewable lease
Rent approximately £35,000 per annum
Late-night refreshment licence currently available
Suitable for restaurant, takeaway, delivery or other food-led concepts
Immediate opportunity for an incoming operator
IDEAL FOR A NEW CONCEPT
The premises offer an incoming purchaser the opportunity to save considerably on the cost of a new restaurant fit-out.
The property is already equipped with a commercial kitchen and restaurant infrastructure, making it suitable for a variety of concepts including:
Restaurant • Takeaway • Delivery Kitchen • Café • Grill • Mediterranean • Lebanese • Turkish • Indian • Burgers • Pizza • Chicken • Other Food Concepts
The incoming purchaser can introduce their own brand, menu and concept and make use of the existing fitted premises and equipment.
LOCATION
Situated in Nine Elms, SW8, the premises benefit from an established and rapidly developing London location, surrounded by residential properties, businesses and ongoing development.
The location provides potential for both walk-in trade and delivery business, subject to the incoming operator's concept and marketing strategy.
PREMISES
The restaurant provides approximately 40 covers and benefits from an existing customer-facing restaurant area together with a professionally equipped commercial kitchen.
The premises have been fitted out to operate as a restaurant, meaning an incoming operator can potentially avoid the significant costs associated with installing a commercial kitchen, extraction, cooking equipment, preparation areas and front-of-house facilities.
EQUIPMENT INCLUDED
The sale includes the existing restaurant fixtures, fittings and kitchen equipment, allowing the purchaser to take over a substantially fitted operation.
The equipment includes a Rational commercial oven together with other commercial kitchen and restaurant equipment.
A full inventory of equipment can be provided to genuinely interested purchasers.
LEASE & RENT
Lease: 20-year renewable lease
Rent: Approximately £35,000 per annum
The lease is subject to the landlord's terms and any required consent to assignment.
LICENSING
The premises benefit from a late-night refreshment licence, currently permitting trading until approximately:
2:00am Monday–Thursday
3:00am Friday & Saturday
The purchaser should make their own enquiries regarding the licence and confirm that the permitted use and trading hours meet their intended business requirements.
REASON FOR SALE
The premises are being offered for sale to allow the current operator to move on from the business.
This represents an excellent opportunity for an operator looking for a fully fitted restaurant in SW8 at a substantially reduced entry price compared with the cost of creating a new restaurant from an empty premises.
PRICE
£59,950 – OFFERS INVITED
The owner is looking for a quick and straightforward sale and will consider sensible offers from serious buyers.
All existing fixtures, fittings and restaurant equipment are included in the asking price.
Early viewing is strongly recommended.
Viewings strictly by appointment.
Please contact the agent for further information or to arrange a viewing.
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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.
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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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