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Prime Mayfair Bar and Restaurant with Internal and External Seating For Sale

Westminster, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    621421

  • Reference

    Little Social 5 Pollen / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: Price on Application
  • Turnover: Not Applicable
  • Profit: Not Applicable

Key Features

  • Prime Location
  • Price Reduced

Business Details

**KEY MONEY REDUCED BY 23.33% £575,000** Bar and Restaurant in the Heart of Mayfair

•Private and Confidential – Staff Unaware

• Arranged over basement and ground floor levels.
• Available on a new lease.
• Accommodating 52 covers internally and 8 covers externally.
• Nearby operators include Humo, Kanishka and Maddox Club amongst others.
• Rent: £95,000 PAX.
• Consideration: Offers in the region of £575,000
• NIA: 1,420 Sq Ft
• Premises License: Mon-Thu 07:00-23:30; Fri 07:00-00:00; Sat 10:00-00:00; Sun 11:00-22:50
 

Arranged over basement and ground floor levels. Outside seating potential for 8 covers. The basement comprises of fully fitted kitchen, storage and BOH areas. The ground floor accommodates approximately 52 covers with bar lounge and servery.

 

Nestled in in the vibrant area of Mayfair. Near Oxford Circus (Victoria, Bakerloo and Central lines) and Bond Street underground stations (Jubilee and Central lines). Nearby operators include The Maine, Humo, Kinashka and Maddox Club amongst others.

 

The property is held by a Full Repairing and Insuring Lease for a term of 15 years from November 2024. The lease is subject to 5 yearly rent reviews. It is understood that the lease is granted inside the Security of Tenure Provisions of the Landlord and Tenant Act 1954, part two as amended.

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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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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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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 '**KEY MONEY REDUCED BY 23.33% £575,000** Bar and Restaurant in the Heart of Mayfair - Little Social 5 Pollen / 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.