Luxury Restaurant for Sale in Chingford London with 90 Seating and Late License for Live Music
Chingford, London
- Status
FOR SALE
- Advert ID
636364
- Reference
Luxury Chingford Restaurant / Rightbiz
- Call Agent:
- Leasehold: £115,000
- Rent: £40,000 (£3,333 per month)
- Turnover: £336,000 (£6,462 per week)
- Profit: On request
Business Details
Luxury Restaurant for Sale Chingford London
Lovely Chingford Restaurant
Exclusive hand made furniture and decor.
Restaurant Previously used as fine dining.
Large enough for venue hire for occasions
Full lease premium £115k
19 year Open lease Remaining
40k/yr Rent
Business Rates £13k/yr
120 seater
Car park- some free parking spaces at the rear for staff and for delivery drivers
Trading hours 12pm until 2am.
Live music 3-4 times a week allowed with late licence up until 2am.
Current Opening times 5pm-11pm earning Average £7000/wk
Contact Agent
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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.'.
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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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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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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
Get Solicitor
