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Soho Restaurant for Sale in Westminster with Late License and 110 Covers

Westminster, London

CONFIDENTIAL

  • Leasehold: £395,000
  • Rent: £278,400 (£23,200 per month)
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

*PREMIUM REDUCED* Restaurant Opportunity with 01:00 am License.

• Private and Confidential – Staff Unaware.
• 70 covers on ground and 40 in basement.
• Short walk to Tottenham Court Rd, Piccadilly Circus Stn.
• Nearby operators include Pho, Starbucks, Chicken Shop.
• Rent: £278,400PAX.
• Consideration: Offers in the region of £395,000
NIA: 2,954 Sq Ft.
• Premises License: Mon - Sat: 08:00 - 01:00 // Sun: 08:00 - 00:00

 

Fully fitted restaurant with 70 covers over ground floor with bar, 2 large dumbwaiters and disabled W/C. The basement includes 40 covers, plus bar, well-appointed kitchen (gas and extract), customer W/Cs and PDR.

 

The property is held by a Full Repairing and Insuring Lease for a term of 25 years from 20 April 2005. The lease is subject to 5 yearly rent reviews. It is understood that the lease is granted inside the Security of Tenure Provisions of the Landlord and Tenant Act 1954, part two as amended.
 

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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 '*PREMIUM REDUCED* Restaurant Opportunity with 01:00 am License. - Wardour Street / 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.