Prime London Location Caribbean Cafe/Restaurant for Sale with Expansion Potential
Bromley, London
- Status
FOR SALE
- Advert ID
616871
- Reference
C1179 / Rightbiz
- Call Agent:
- Leasehold: £56,000
- Rent: £18,000
- Turnover: N/A
- Net Profit: Not Applicable
Key Features
- Prime Location
- Established Business
- Adjacent to Multiple Retailers
- Town Centre location
- Potential for Alternative Use
- Attractive Business
- Fully Fitted
Business Details
LEASEHOLD CARIBBEAN CAFE RESTAURANT TAKEAWAY
PRIME LOCATION - HUGE SCOPE FOR OUTSIDE CATERING - 30 COVERS PLUS POTENTIAL 20 OUTSIDE
Location
These immaculately presented premises occupy a prime trading position at the entrance to a major shopping centre in Bromley enjoying tremendous footfall.
Business
The business was established in 2021 and is now only being marketed as a result of the Vendors wish to retire. Great potential exists for the introduction of later evening opening hours and deliveries. Although currently presented as a Caribbean Cafe restaurant, the premises lend themselves to a variety of different styles of cuisine.
Turnover
We are informed that the business currently takes £2,500 - £3,000 PWK @ 65% GP.
Staff
The business is run by the vendor and 1 full time member of staff
Hours
11.30am - 6.00pm Tues - Fri
12.30pm - 6.30pm Sat
Premises
Positioned at the entrance to a modern Mall this contemporary looking corner premises has a double frontage and single entrance to: Restaurant Area: tasteful décor throughout, 30 covers at quality furniture, Refrigerated serve over counter, elect cash register. Customer W.C: and W/basin. Kitchen: electric cooker with extractor toaster, pannini grill, 2 ring elect hob, microwave oven, st/stl sink.
NOTE: The premises have a double height ceiling and a mezzanine floor could easily be installed to provide another 30 cover on a new first floor.
Tenure
New 10 year lease from September 2019.
RENT - £18,000 PA (5 year reviews) SERVICE CHARGE - £3,164 PA VAT.
EPC Rating
Band C
Business Rates
£1,764 PA
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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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
Contact seller
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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