Fully Fitted Blackheath Restaurant with Large Basement & Premises Licence for Sale
Blackheath, London
- Status
FOR SALE
- Advert ID
629171
- Reference
RPS-22316_BLACKHEATH_RESTAURANT / Rightbiz
- Call Agent:
- Leasehold: £175,000 (Stock at valuation)
- Rent: £95,000 (£7,917 per month)
- Turnover: £234,000 (£4,500 per week)
- Net Profit: Not Applicable
Key Features
- Town Centre location
- Prime Location
- Close to Local Amenities
- Fully Fitted
- Adjacent to Multiple Retailers
- Potential for Alternative Use
Business Details
Fully Fitted Restaurant for sale in Blackheath with Large basement & Premises Licence
Fully Fitted Restaurant for sale in Blackheath
Property ID: RPS-22316
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
- Located in town centre of Blackheath
- Total area circa 3,281.37 sq. ft
- Circa 85 covers restaurant
- Spread over ground floor & basement
- Large basement with fully fitted commercial kitchen
- Benefits from gas & extraction
- Premises licence in place
- 4 Star hygiene rating
LANDLORD’S REQUIREMENTS
- Guarantor may be required (subject to references)
- Rent deposit required (subject to references)
- Other usual checks will be carried out
LEASE DETAILS
- Lease: Ending March 2040 (Outside LTA 1954 Act)
- Stepped Rent: £95,000 until March 2026 | £100,000 until March 2027 | £105,000 until March 2028
- Rent Review: Every 4 years
- Next Rent Review: Mar 2028
- Premium: £175,000 (Business, Lease & fixtures and fittings)
THE PREMISES
- Ground floor: 1,735.04 sq. ft
- Basement: 1,289.83 sq. ft
- Covers: Ground floor: circa 70 | Mezzanine: circa 15
- Fully fitted commercial kitchen in the basement
- Benefits from gas & extraction
- Premises licence in place
- Permitted hours: Sun – Thu: 6am till 11pm & Fri – Sat: till 1:30 am
- 4 Star hygiene rating
- Rateable Value: £68,000
- Payable Rates: Circa £33,932/annum
THE BUSINESS
- Gross Revenue: We have been informed that the business currently generates gross revenue of circa £234,000 per annum (£4,500/week).
- Our client manages the business with 2 chefs, 2 waiters, 1 Pizza chef & porter.
THE LOCATION
- Blackheath, SE3
- Few minutes from Blackheath Station
- Nearby multiple eatery & retailers
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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.
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Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
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