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Established Italian Restaurant for Sale in Central London, Prime Location, Stable Turnover

City of London, London
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ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK Photo 1
ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK Photo 2
ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK Photo 3
ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK Photo 4
ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK Photo 5
ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK Photo 6
ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK Photo 7
ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK Photo 8
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ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARKITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARKITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARKITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARKITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARKITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARKITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARKITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK
  • Status

    FOR SALE

  • Date Submitted:

    08/05/24

  • Advert ID

    611010

  • Reference

    C2868 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £335,000 (Stock at valuation)
  • Rent: £40,000
  • Turnover: £676,000 (£13,000 Per week)
  • Net Profit: £160,000 (24% Profit margin)

Key Features

  • Established Business
  • Prime Location
  • High Turnover
  • Fully Fitted
  • Close to Local Amenities
  • Attractive Business

Business Details

ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK

ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK 
TURNOVER £13,000 PER WEEK YIELDING NET PROFIT OF £160,000 
EST. OVER 23 YEARS – SAME OWNERS 
FULLY LICENCED - A3, A5 & ALCOHOL 2300 

REF: C2868

CENTRAL LONDON - £335,000 LEASEHOLD SAV  

•    TURNOVER £13,000 PER WEEK 
•    RENT £40,000 PER ANNUM 
•    RATES £5,000 PER ANNUM     
•    20 YEAR LEASE (18 REMAIN) 
•    A3, A5 &  ALCOHOL LICENCE (2300) 
•    850 SQ.FT PREMISES (APPROX.)


Viewing Arrangements:
By prior appointment with PPS on 01702 667 111 / 020 3627 1110.

Read more

Contact Agent

Particulars / More Information

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 'ITALIAN RESTAURANT LOCATED OPPOSITE WELL KNOWN LAND MARK - C2868 / 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.