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Located in the vibrant heart of Shoreditch, this impressive 3,325 sq ft restaurant premises offers an extraordinary investment opportunity. Currently operating as a Chinese restaurant, this leasehold property stands out in a bustling metropolitan area, perfect for those seeking a thriving business venture in one of London's most popular districts.
Shoreditch High Street is not only a prime location but also benefits from a high volume of foot traffic throughout the day and night. The area is surrounded by a diverse mix of offices, bars, and trendy shops, making it an ideal spot to attract a wide range of customers. Just a minute's walk from Shoreditch High Street Station, accessibility is superb, ensuring that both locals and tourists can easily visit.
Exceptional Space and Facilities
This expansive restaurant space is fully fitted with a commercial kitchen that is ready for immediate operation. With ample seating for guests, it is perfectly designed for casual dining, enabling the establishment to cater to the needs of various clientele. The layout is versatile, allowing for a seamless dining experience while accommodating strong delivery potential.
Financial Highlights
The leasehold is priced at £250,000, with a current turnover of £750,000 and an annual rent of £135,000. This business demonstrates a strong customer focus strategy, reflected in a solid return rate and successful management history. With terms of sale negotiable, there is an opportunity for a quick sale, making this an appealing proposition for prospective business owners.
In summary, this restaurant not only represents an attractive investment due to its size and location but also benefits from strong financial performance. With a commitment to excellence in customer service and a well-established presence in the local community, this opportunity is not to be missed.
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.
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
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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