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5-Star Rated, High-Profit Restaurant & Bar in London with Live Music Licence for Sale

Undisclosed, London
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Substantial Restaurant & Bar for SaleSubstantial Restaurant & Bar for SaleSubstantial Restaurant & Bar for Sale
  • Leasehold: £125,000
  • Turnover: £416,000 (£8,000 per week)
  • Profit: Not Applicable

Business Details

Substantial Restaurant & Bar for Sale

WE ARE INFORMED by the owner the turnover currently averages £8,000 per week with a Gross profit of 65% approx. (slight deliveries) FEATURES:
4 DAYS OPENING
FORECOURT WITH SEATING FOR 16 PEOPLE
5 STAR HYGIENE RATING
LIVE MUSIC LICENCE

DOUBLE FRONTED PREMISES in the region of 2,235 ft² WITH ELECTRIC SHUTTERS AND CANOPY, vinyl floor, spot lights, Air conditioning with hot air. Bar, 3 taps plus seating for 3 People, EPOS till, glass fronted drinks display fridge, glass washer. Tables and chairs providing seating for 80 People, CCTV system (12 cameras, 1 monitor).

Ladies' & gentlemen's plus Disabled Toilet with w.c. and wash hand basin.

Kitchen with stainless steel extractor unit, Cooker (Gas 8-burner), charcoal grill, 2 x microwave, 3 fridge's, freezer, 2 dishwasher's, ice machine, stainless steel preparation tables, deep fryer (2 pan), coffee grinder, Coffee Machine (2 Group).

Walkin cold-room
Walkin Freezer.

Office
Laundry room with washing Machine & Dryer PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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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 'Substantial Restaurant & Bar for Sale - R2533 / 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.