CONFIDENTIAL
FOR SALE
634043
We are excited to present a remarkable opportunity to acquire a well-established Indian restaurant in Bromley Common, London. This esteemed establishment has been a staple of the community for the past 40 years, making it a beloved local dining destination.
The restaurant features a charming white building and boasts an impressive 300 square meters of back garden space. This outdoor area offers potential for expansion, including the possibility to apply for a Sheesha bar, following a pre-application that was submitted four years ago.
In terms of location, the restaurant benefits from a variety of nearby amenities, including shops and public services, that attract a steady stream of customers. While we are not currently aware of direct competition in the area, the enduring popularity of the establishment speaks to its strong community ties.
The sale includes all fixtures and fittings, ensuring a smooth transition for the next owner. While the current turnover has not seen an increase over the past year, the restaurant still holds significant potential for growth and revitalization under new management.
One of the main reasons for the sale is the challenge of staffing, compounded by the owner's commitments to several other businesses. Currently, there are four employees working at the restaurant, but there is ample room for expansion with the right leadership.
This leasehold opportunity is being offered at an asking price available upon request, with an annual rent of £26,000. For those interested in making a mark in the culinary scene of Bromley, this restaurant presents an exciting chance to continue its legacy or to introduce a new concept to the community.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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