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Prime Battersea Pizza Restaurant with 3 Bedroom Manager's Accommodation for Sale

Battersea, London
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Fully fitted pizza restaurant in Battersea with 3 bed managers accommodtionFully fitted pizza restaurant in Battersea with 3 bed managers accommodtionFully fitted pizza restaurant in Battersea with 3 bed managers accommodtionFully fitted pizza restaurant in Battersea with 3 bed managers accommodtion
  • Status

    FOR SALE

  • Date Submitted:

    23/05/24

  • Advert ID

    611770

  • Reference

    Fully fitted Battersea Restaurant & Bar Lease For / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £95,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Attractive Business
  • Open Plan Trading Area
  • Prime Location
  • Close to Local Amenities
  • Town Centre location
  • Free of Tie Leasehold

Business Details

Fully fitted pizza restaurant in Battersea with 3 bed managers accommodtion

LOCATION 

The property is situated in a desirable location in the vicinity of numerous successful premium bars, restaurants and cafes, less than a 10-minute walk from Clapham Junction Station. 

BUSINESS

Note the business name is not included in the sale as its part of a small group of independent restaurants. 

DESCRIPTION 

The dual-aspect property boasts excellent frontage and a versatile layout suitable for various operators. Currently, the restaurant accommodates 50 covers indoors and an additional 12 outdoors. The property features a separate bar area with 20 covers on high tables, perfect for private functions, a café, or other uses. It includes a fantastic gas/wood-fired pizza oven and a kitchen with a dedicated hatch for Deliveroo deliveries. Adjacent to this is another kitchen equipped with its own extraction system. The basement offers a prep area, storage, and a walk-in fridge.

LEASE

Available by way of an assignment of the two 12 year co-terminous leases from April 2023 at a passing rent of £55,000 pax subject to rent review and tenant only break clauses in 2027 and 2031. The leases are contracted inside the security of tenure and compensation provisions of the L&T Act 54.

ACCOMMODATION 

The property comprises the following approximate floor areas:  

Ground floor - 1,408 sq ft/ 130.8 sq m 

Basement - 389 sq ft / 36 sq m 

Flat - Unmeasured 

PREMIUM 

Premium on application

LICENSE

We are advised that the premises license permits the sale by retail of alcohol both ON & OFF the premises from 9am to midnight Monday - Saturday and from 9am to 2300 on Sundays. The license is unrestricted allowing the sale of alcohol without food. A copy of the license is available on request.

BUSINESS RATES

Rateable Value - £46,750

UBR - 0.499

Rates Payable - £23,238

Read more

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.

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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.

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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 'Fully fitted pizza restaurant in Battersea with 3 bed managers accommodtion - Fully fitted Battersea Restaurant & Bar Lease For / 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.