Italian Restaurant for Sale in Chiswick London with Outdoor Seating and 30 Capacity
Chiswick, London
- Status
FOR SALE
- Advert ID
653081
- Reference
RPS-23082 / Rightbiz
- Call Agent:
- Leasehold: £80,000 (Stock at valuation)
- Rent: £41,250 (£3,438 per month)
- Turnover: £468,000 (£9,000 per week)
- Profit: Not Applicable
Business Details
Italian Restaurant for Sale in Chiswick, W4
Italian Restaurant for Sale in Chiswick, W4
Property ID: RPS-23082
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
- Well-established Italian restaurant business available for sale
- Situated in prime dining destination of Chiswick, W4
- Ideal to continue as going concern business
- Approximate floor area: 386 sq. ft
- Seating capacity: circa 30 covers
- Outdoor seating available
- Fully equipped with gas supply, extraction system, premises licence, and three-phase power
LANDLORD’S REQUIREMENTS
- Guarantor required (subject to references)
- 9 month’s rent deposit required (subject to references)
- Other usual checks will be carried out
LEASE DETAILS
- Lease: Ending September 2033
- Current Rent: £41,250 per annum exclusive
- Rent review: Every 5 years
- Next rent review: September 2028
- Premium: £80,000 (Business, Lease & fixtures and fittings)
THE PREMISES
- Area: Circa 386 sq. ft
- Covers: Circa 30
- Benefits from gas, extraction & premises licence in place
- New Rateable Value: 15,250
- Payable rates: Circa £5, 825/annum (please confirm with local council)
- Five Star Hygiene
THE BUSINESS
- Reported gross revenue: Approximately £9,000 per week (£468,000 per annum)
- Currently operated by the owner (chef) with a team of 3 full-time and 2 part-time staff
THE LOCATION
- Situated in prime dining destination of Chiswick, W4
- Affluent and vibrant area with several eateries
- Highly sought-after location in West London
- Passing trade throughout the day
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
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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