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Italian restaurant for sale in Richmond London with a long lease and a turnover of £230,000

Richmond, London
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ITALIAN RESTAURANTITALIAN RESTAURANTITALIAN RESTAURANTITALIAN RESTAURANTITALIAN RESTAURANTITALIAN RESTAURANT
  • Leasehold: £160,000
  • Turnover: £230,000 (£4,423 per week)
  • Profit: On request

Business Details

ITALIAN RESTAURANT

Richmond,London.Turnover of circa £433,000 achieved in YE25.Nestled in the charming and historic Paved Court just off Richmond Green, and set within a characterful Grade II listed building on a prestigious cobbled lane.Fully licensed and trading Tuesday to Sunday.Business has recently been renovated to a very high standard.Strong second-tier management team in place.Boasting a loyal local and tourist customer base.The business is renowned for its use of fresh, high-quality ingredients and warm hospitality.Leasehold valid until 2034, with rent of £25,000pa.Viewing is highly recommended.Asking Price of £160,000 ONO.
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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 'ITALIAN RESTAURANT - 166386 / 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.