70-Cover Indian Restaurant for Sale in Chalfont St Peter, New Lease, Street Parking
Chalfont St Peter, Buckinghamshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
04/04/24
- Advert ID
609211
- Reference
CHALFONT_ST_PETER_INDIAN_RESTAURANT / Rightbiz
- Call Agent:
- Leasehold: £87,000 (Stock at valuation)
- Rent: £33,500
- Turnover: £182,000 (£3,500 Per week)
- Net Profit: Not Applicable
Key Features
- Prime Location
- Established Business
- Fully Fitted
- Unique Business
- Close to Local Amenities
- With Car Park
Business Details
Indian Restaurant for Sale in Chalfont St Peter with 70Covers, New Lease & Street Car Parking
Indian Restaurant for Sale in Chalfont St Peter near Gerrards Cross
MAIN FEATURES
- Circa 1,594 Sq. Ft
- Circa 70-75 Covers Restaurant
- Fully Fitted Commercial Kitchen
- On & Off Licence in Place
- Street Car Parking Available
LANDLORD’S REQUIREMENTS
- Personal Guarantor Required (Subject to References)
- 3-6 Months Rent Deposit Subject to References
- Accountant’s references
- Trade references
LEASE DETAILS
- Grant of 16 Years New Lease (Inside the Act of 1954)
- Rent: £33,500 PAX
- Rent Review: Every 4 Years
- Premium: £87,000 (Business, Lease & FF&E) SAV
THE PREMISES
- Circa 1,594 sq. ft
- Circa 70-75 Covers
- Payable Business Rates: Circa £9,356/annum (Rateable Value: £18,750)
- Fully Fitted Commercial Kitchen
- 3-Phase Electric Power Supply
- Gas & Extraction in Place
- On & Off Licence in Place
- Permitted hours: 10am – 1am
THE BUSINESS
- Gross Revenue: We have been informed that the business generates gross revenue of circa £182,000 per annum (£3,500/week).
- Trading as an Indian Restaurant for several years
- Currently our client manages the business with three kitchen and two FOH staff members.
THE LOCATION
- Chalfont St Peter, SL9
- 2 miles from Gerrards Cross
- Several independent cafes & restaurants Nearby
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
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Listing Statistics
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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.
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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.
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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.'.
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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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Advert pending deletion
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
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