Licensed Bar and Restaurant for Sale in Streatham High Road London SW16
Streatham, London
- Status
FOR SALE
- Advert ID
653431
- Leasehold: £109,000
- Rent: £24,000 (£2,000 per month)
- Turnover: £240,000 (£4,615 per week)
- Profit: On request
Key Features
- Commercial property with significant space
- Competitive market positioning
- Cosy pub atmosphere
- Diverse beverage sourcing options
Business Details
Licensed Bar, Café, Restaurant for Sale – Streatham High Road, London SW16
Licensed Café, Restaurant & Bar for Sale – Prime Streatham High Road, London SW16
Leasehold Premium: £109,000 (Plus Stock at Valuation)
A fantastic opportunity to acquire a fully fitted and established café, restaurant and licensed bar in a prime Streatham High Road location.
The business is fully operational and ready for immediate trading, benefiting from a modern commercial kitchen, licensed bar, quality fixtures and fittings, and seating for approximately 40–50 customers.
The business currently generates annual sales of approximately £240,000 and benefits from a low annual rent of just £24,000 (£2,000 per month). It is also established on Just Eat, Uber Eats and Deliveroo, providing multiple revenue streams and excellent future growth potential.
A full premises licence for the sale of alcohol was recently granted, creating an exciting opportunity for an incoming owner to increase revenue through evening dining, alcoholic beverage sales, private events and special occasions.
Key Features
- Prime Streatham High Road location
- Fully fitted café, restaurant & licensed bar
- Recently granted full premises licence for alcohol
- Approximately 40–50 covers
- Commercial kitchen with quality fixtures and equipment included
- Established on Just Eat, Uber Eats & Deliveroo
- Approximate annual turnover of £240,000
- Low annual rent of £24,000
- Significant potential to grow evening trade, private events and delivery sales
- Turnkey opportunity – ready to trade from day one
The business is offered for sale due to personal family circumstances following a recent bereavement. This presents a genuine opportunity to acquire a well-established hospitality business with excellent growth potential.
Financial information will be made available to genuinely interested purchasers following proof of funds and the signing of a confidentiality agreement.
Viewing is strictly by appointment only. Confidentiality is essential, and staff must not be approached directly.
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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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