FOR SALE
644900
This thriving English and Nepali restaurant in North Cheam is now available for sale, boasting a long lease of 19 years and 6 months. The lease can be released freely once it concludes, offering a fantastic opportunity for new ownership.
Located in an established and highly visible area with substantial foot traffic, this restaurant is strategically positioned to attract a diverse clientele. Its menu features a delightful array of offerings, including coffee, steak, and Momo dishes, catering to a wide range of tastes. The inviting exterior, complemented by vibrant signage and the potential for outdoor seating, enhances the restaurant's appeal and creates a welcoming atmosphere for diners.
Customers can enjoy competitive breakfast prices and a full dining experience, making the restaurant an attractive destination throughout the day. It comes fully equipped and ready for immediate operation, allowing the new owner to hit the ground running without delay.
Local Amenities and Accessibility
The surrounding area is rich in amenities, with shops, restaurants, and public services nearby that draw in customers. The restaurant is fully accessible, providing facilities for all patrons, including adequate toilet amenities and accommodations for disabled access. This inclusivity enhances its reputation and attracts a wider audience.
Additional Features and Business Opportunities
This establishment stands out with a strong online presence and impressive reviews, contributing to its popularity. The potential for additional income from takeaway services offers an excellent avenue for growth. With sufficient capacity to host patrons alongside well-designed preparation and storage spaces, operational efficiency is ensured. The venue is also equipped with advanced sound and lighting systems, as well as air conditioning for a comfortable dining experience throughout the year.
The sale includes all necessary fixtures and fittings, assuring new owners of a hassle-free transition. Furthermore, an alcohol licence is included, permitting alcohol sales, which can significantly enhance revenue potential. The pricing is attractive, with a leasehold price of £55,000 and an annual rent of £23,000, making it an appealing investment opportunity.
This award-winning dining venue also offers flexibility in lease terms, and the attractive trading hours cater to a variety of customer preferences, including brunch menus. Its established bar area, complete with seating options, makes it suitable for late-night operations as well.
Whether you're looking to expand an existing portfolio or embark on a new business venture, this restaurant presents numerous growth opportunities in a thriving location.
Rent review every 6 year next review in 2031. Full alcohol licence . 45/50 cover space
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.
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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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