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Quality Traditional Pizzeria Takeaway Business in City of London for Sale

City of London, London

CONFIDENTIAL SALE

  • Leasehold: £50,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Fitted Traditional Quality Pizzeria Takeaway in City of London

BUSINESS OVERVIEW: New Broad Street is delighted to present Quadrato by Tondo Pizza, a high quality traditional Italian pizzeria located in the City of London, just moments from Bank and Fenchurch Street stations. Established 6 months ago, Quadrato has gained a loyal customer following among City professionals, as well as attracting passing trade in this busy City based area. The takeaway (with some seating) specialises in authentic Neapolitan pizza, utilising fresh Italian ingredients and allowing dough to rest for 48 to 72 hours for the perfect texture and flavours. 50% off the rent for 16 months from Nov '24 Fantastic online reviews Due to the owner’s relocation to Italy for family reasons, the business is now available for new ownership. Additionally, there is an opportunity to acquire a second premises in Wapping, operating as the main restaurant site for Tondo Pizza. Both sites available for purchase together and individually. LOCATION: The business is located in the heart of the City with a variety of transport routes; 5 minutes walk from Bank and Fenchurch Street, with 15-minute walk to London Bridge mainline station. Number of regular bus routes for direct access across the City. PREMISES: Licensed Hours: 6am - 11pm Size: 900 sq ft Capacity: Take Away business with 2 tables and 8 seats Premises Licence: No Electric 3 phase Air conditioning unit: 10000btu portable system Current ventilation system: 2 hoods Type 1. Inventory: · Professional Baking Oven 3 chambers · Dough machine 40L · Meat slicer · Catering fridge · Display fridge · Catering undercounted fridge · Coldroom · AC unit · 2 tables with 4 chairs · 4 stools · Minifreezer · Commercial Kitchen with stainless steel tables and sinks · Kitchen equipment · 15 Professional baking trays with rack TENURE: Lease remaining: 4 years and half (end on may 2029) Current rent: £34000+VAT p/a Business rates: £4,000 p/a Rent review: No rent review LANDLORD REQUIREMENTS: Guarantor Required Deposit: 5 months Financials available upon request – no full accounts as only been trading for 6 months. For more information, please contact Charlotte Arden at New Broad Street Business Sales.
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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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