Lease of Refurbished, Fully-Fitted Restaurant with Alcohol License in Crystal Palace for Sale
Crystal Palace, London
- Status
UNDER OFFER
- Advert ID
616693
- Reference
Crystal Palace restaurant lease for sale / Rightbiz
- Call Agent:
- Leasehold: £35,000
- Rent: £26,000 (£2,167 per month)
- Turnover: £320,000 (£6,154 per week)
- Net Profit: Not Applicable
Key Features
- Free of Tie Leasehold
- Town Centre location
- Attractive Business
- Small Business
- Fully Fitted
- Prime Location
- Close to Local Amenities
Business Details
Fully fitted restaurant lease for sale in the heart of Crystal Palace, SE19 STAFF UNAWARE
CONFIDENTIAL DISPOSAL - STAFF UNWARE: FURTHER DETAILS INCLUDING ADDRESS ON APPLICATION
RENT: 26,000 pax
LEASE: Assignment of the existing 15 year renewable lease expiring in 2028
LOCATION: Located within 400 metres of Crystal Palace Station. Nearby operators include Everyman Cinema, Yard Sale & Palazzo.
SIZE: Circa 750 sq ft ground floor and 750 sq ft in the basement
LICENSE: License allowing the sale of alcohol On & Off the premises from 10am to 2300 Friday & Saturday and from 12 noon to 2230 on Sundays.
RATES: Rates payable of circa £10,229 excluding any rates relief
FIXTURES & FITTTINGS: Fully refurbished in the past 6 months at a cost of circa £100,000 (excluding the premium paid) to include a new kitchen extract hood & motor, completely rewired electrics and general fit out.
NOTES: No gas but my client does have landlords consent for this to be installed as well as a quote
LANDLORDS REQUIREMENTS : It is likely that the existing 3 months rent deposit and personal guarantee will need to be replaced
PREMIUM: **REDUCED TO £35,000** following an abortive transaction
Contact Agent
Listing Statistics
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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.
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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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