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Prime Mayfair Restaurant with 90 Covers Near Green Park for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    618252

  • Reference

    Fully Fitted Prime Mayfair Restaurant / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • New Lease
  • Prime Location

Business Details

Fully Fitted Prime Mayfair Restaurant

• Prominent location
• Fully fitted restaurant
• Approximately 90 covers
• Nearby Operators include Bocconcino, The Arts Club and Gaia amongst others
• Rent: £850,000 PAX
• Consideration: Not-Applicable
• NIA: 5,394 Sq Ft
• Premises License: Mon - Sun 11:00-23:00
 

 

Ground floor comprises of circa 50 covers with bar and servery on LHS and stairs to the rear. First floor accommodates 40 covers. Basement/sub-basement, fully fitted newly installed kitchen with full extraction to roof level accommodating manager’s office, storage and BOH areas.

 

The property is situated in one of the busiest tourist spots in Mayfair. Near Green Park and Piccadilly Circus Underground Station (Piccadilly and Bakerloo line). Nearby
Operators include Bocconcino, The Arts Club and Gaia amongst others.

 

A new Full Repairing and Insuring Lease will be granted for a term of 15 years from 2024. The lease will be subject to 5 yearly rent reviews. The lease will be granted outside the Security of Tenure Provisions of the Landlord and Tenant
Act 1954, part two as amended.

 

 

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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 Prime Mayfair Restaurant - Fully Fitted Prime Mayfair 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.