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70-Cover Indian Restaurant for Sale in Chalfont St Peter, New Lease, Street Parking

Chalfont St Peter, Buckinghamshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    04/04/24

  • Advert ID

    609211

  • Reference

    CHALFONT_ST_PETER_INDIAN_RESTAURANT / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £87,000 (Stock at valuation)
  • Rent: £33,500
  • Turnover: £182,000 (£3,500 Per week)
  • Net Profit: Not Applicable

Key Features

  • Prime Location
  • Close to Local Amenities
  • Fully Fitted
  • Established Business
  • Unique Business
  • 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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Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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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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The data showed regarding this advert 'Indian Restaurant for Sale in Chalfont St Peter with 70Covers, New Lease & Street Car Parking - CHALFONT_ST_PETER_INDIAN_RESTAURANT / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.