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Restaurant for Sale in Battersea SW8 with Corner Unit and Open Kitchen

Battersea, London

CONFIDENTIAL

  • Leasehold: £150,000 (Stock at valuation)
  • Rent: £44,000 (£3,667 per month)
  • Turnover: £598,000 (£11,500 per week)
  • Profit: Not Applicable

Business Details

Restaurant for Sale in Battersea SW8. Corner unit.

Restaurant for Sale in Battersea SW8. Corner unit.

Property ID: RPS-23076

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN DETAILS

  • Corner unit with circa 1133 sq. ft and 60 covers
  • Open plan kitchen
  • Benefits from gas, extraction, cold room & premises licence

LANDLORD’S REQUIREMENTS

  • Guarantor required (subject to references)
  • 3-6 month’s rent deposit required (subject to references)
  • Other usual checks will be carried out

LEASE DETAILS

  • Lease: Ending in April 2041 (Inside the Act of 1954)
  • Rent: £44,000 per annum exclusive
  • Rent review: Every 4 years
  • Next rent review: April 2030
  • Premium: £150,000 (Business, Lease & fixtures and fittings)

THE PREMISES

  • Circa 1133 sq. ft with 60 covers in one level
  • Open plan kitchen
  • Benefits from gas, extraction, cold room & premises licence
  • New Rateable Value: 31,000
     
  • Payable Rates: Circa £11,842/annum (please confirm with local council)

THE BUSINESS

  • We have been informed that the business generates gross revenue of circa £598,000 per annum (£11,500/week).
  • Our client manages the restaurant with 3 full time & 7 part time staff.

THE LOCATION

  • Battersea SW8
  • Few minutes from Queenstown Road Station
  • Easy access Battersea Park & Clapham Junction

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

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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

Do not 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.

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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.

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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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 'Restaurant for Sale in Battersea SW8. Corner unit. - RPS-23076 / 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.