Recently Refurbished Thai Restaurant in Vibrant South Wimbledon, London for Sale
South Wimbledon, London
- Status
FOR SALE
- Advert ID
625274
- Leasehold: £125,000
- Rent: £25,000 (£2,083 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- Small Business
- Prime Location
- Currently Closed
- Town Centre location
Business Details
Restaurant for Sale in South Wimbledon, London
Located in the vibrant area of South Wimbledon, this recently refurbished Thai restaurant boasts a prime position just a minute's walk from the South Wimbledon Underground Station. The restaurant experiences busy periods during both lunch and dinner, highlighting its high trading potential. It offers 30 covers and features a spacious kitchen area complete with a good-sized cold room. The sale includes fixtures, fittings, and kitchen equipment.
The restaurant is housed in a stylish and modern interior, featuring exposed brick walls and decorative artwork. Guests can enjoy ample seating options, which include a combination of booths and tables. Additionally, it has a well-equipped commercial kitchen fitted with stainless steel appliances and a spacious walk-in cooler for efficient storage. The restroom facilities are clean and contemporary, ensuring a pleasant dining experience for customers.
The property is under a 13-year lease, which can be discussed with the landlord, known for being easy-going and supportive. Local neighbors and traders in the vicinity are friendly and provide a small business relief environment. The restaurant is being sold due to family circumstances.
The area offers excellent accessibility to a variety of amenities that attract a steady flow of customers. Within walking distance, you will find Sainsbury's, Tesco, petrol stations, bus stops, parking spaces, fitness centers, pubs, restaurants, takeaway options, and popular coffee shops like Starbucks and Costa. Notably, the place is currently closed, presenting a great opportunity for new ownership.
This restaurant offers a leasehold opportunity, with the asking price available upon request. The annual rent is £22,000, and it includes all stock in the price. Given its prime location in the town center and proximity to local amenities, this fully fitted property is a desirable opportunity for prospective buyers.
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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.
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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.
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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.'.
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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