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Italian restaurant and private function venue for sale in Romford Essex

Romford, London
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ITALIAN RESTAURANT & PRIVATE FUNCTION VENUE – FOR SALE – ROMFORD, ESSEX Photo 1
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  • Leasehold: £129,995 (Stock at valuation)
  • Rent: £25,000 (£2,083 per month)
  • Turnover: £364,000 (Β£7,000 per week)
  • Profit: On request

Key Features

  • Confidentiality in sale process
  • Consistent revenue growth
  • Customer-focused approach
  • Established brand reputation

Business Details

ITALIAN RESTAURANT & PRIVATE FUNCTION VENUE – FOR SALE – ROMFORD, ESSEX

ITALIAN RESTAURANT & PRIVATE FUNCTION VENUE – FOR SALE – ROMFORD, ESSEX
TURNOVER Β£7,000 PER WEEK (Β£5,000 RESTAURANT Β£2,000 PER WEEK FROM EVENTS)
90 COVER PRIVATE FUNCTION & PARTY ROOM WITH A FULLY FITTED BAR
MULTIPLE-PURPOSE 2,500 SQ.FT PREMISES – INDEPENDENT RESTAURANT & FUNCTION VENUE
INCREDIBLE REFURBISHMENT COST OVER Β£100,000


REF: C3208


ROMFORD,ESSEX β€” REDUCED Β£129,995 LEASEHOLD SAV


β€’ TURNOVER Β£7,000 PER WEEK
β€’ RENT Β£25,000 PER ANNUM
β€’ SEPARATE 1ST FLOOR 90 COVER FUNCTION VENUE
β€’ 15 YEAR LEASE (13 REMAIN)
β€’ A3, A5 & ALCOHOL LICENCE (2300)
β€’ 2,500 SQ.FT (APPROX.)


Viewing Arrangements:
By prior appointment with PPS on 01702 667 111 / 020 3627 1110.


Due to unannounced contact, our vendors request confidentiality, and as such, PPS do not advertise business addresses online.

In the event you wish to receive further information regarding any of our businesses, contact us via this advert, our websites, or any one of our offices.

#italianrestaurantforsale #privatefuntionvenueforsale #businessforsale #sellmybusiness #whatsmybusinessworth #businesssales #valuemybusiness

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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.

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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.

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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.'.

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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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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 Β£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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