Restaurant for sale in Streatham Hill London with a 20-year lease and modern design
Streatham Hill, London
- Status
FOR SALE
- Advert ID
644419
- Leasehold: £55,000
- Rent: £30,000 (£2,500 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Full extraction system installed
- Fully refurbished modern restaurant
- Gas supply for cooking
- Generous cover capacity
Business Details
Restaurant for Sale in Streatham Hill – High Footfall, 20 Year Lease
Situated in the bustling area of Streatham, London, this A3 licensed restaurant presents an exceptional opportunity for investors and restaurateurs alike. Priced at £55,000, this establishment boasts a solid 20-year lease with approximately 12 years remaining, allowing for stability and longevity in your business venture.
The restaurant features a plethora of appealing attributes, making it an attractive prospect for potential buyers. It includes a full extraction system and gas supply, ensuring optimal functionality for all culinary operations. Spanning over 70 square metres, the space is comfortably designed with air conditioning and three-phase electricity, providing a welcoming environment for both staff and patrons.
Notably, the interior is modern and stylish, complemented by a fully equipped bar offering a variety of drinks. Large front windows invite natural light and enhance visibility from the street, attracting passers-by and enhancing the dining experience. The versatile space is perfect for various dining occasions, making it an ideal venue for events, thereby increasing potential revenue streams.
Key Features
This restaurant excels in providing a comprehensive array of amenities, including:
- A full extraction system for efficient ventilation
- A fully refurbished, contemporary dining environment
- A reliable gas supply to support extensive cooking options
- A generous cover capacity to accommodate a significant number of guests
- An appealing quick sale opportunity supported by circumstances of genuine need
Established for seven years, the restaurant has cultivated a solid customer base, thanks in part to its strategic location near well-known establishments such as Gail’s Bakery, Starbucks, and M&S, which draw significant foot traffic. The sale includes all fixtures and fittings, simplifying the transition for the new owner.
The owner’s reason for selling is due to health issues, providing a heartfelt context for this opportunity. With an annual rent of £30,000 and a vibrant locale, this restaurant not only represents a lucrative investment but also a chance to step into a well-established business with excellent potential for growth.
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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.
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.
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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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