Restaurant for sale in Soho London with a cozy dining atmosphere and steady foot traffic
City of London, LondonEst. 22 years
- Status
FOR SALE
- Advert ID
651150
- Reference
/ Rightbiz
- Call Agent:
- Asking Price: £320,000
- Rent: £145,000 (£12,083 per month)
- Turnover: £1,070,000 (£20,577 per week)
- Profit: On request
Key Features
- Located in growth area
- Location in urban area
- Loyal customer incentives
- Modern and inviting storefront
Business Details
Restaurant in Soho London
Vietnamese Restaurant in Shaftesbury Ave, London
Ground floor, basement, first floor premise
Business rate : £30,500
The restaurant currently has approximately 70 covers
Staffing-wise, there are currently around 7 kitchen staff, including 1 head chef, and around 12 floor staff
The lease renewal is currently in progress, with the new lease term expected to run until 2039.
A well-established restaurant located in the heart of Soho, one of Central London’s busiest and most vibrant areas. The business is surrounded by popular shopping streets, theatres, offices and tourist attractions, benefiting from strong daily footfall.
The restaurant has been trading for more than 10 years and has built a loyal customer base over time. It offers a warm and cosy interior with a relaxed dining atmosphere, suitable for lunch, dinner and casual meals.
The premises are fully fitted and ready to trade, making this a great opportunity for an experienced operator or investor looking to take over an existing restaurant in a prime Central London location.
Current opening hours are:
Sun - Mon: 12:00 - 22h15
Tue - Sat: 12:00 - 22h45
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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.
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.
Be safe, use a Rightbiz Solicitor
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