Trendy Kitchen & Bar for sale in Streatham London with 45-50 covers and growth potential
Streatham, London
- Status
FOR SALE
- Advert ID
655173
- Reference
B09722 / Rightbiz
- Call Agent:
- Leasehold: £99,995
- Turnover: £250,000 (£4,808 per week)
- Profit: Not Applicable
Business Details
Your Next Hospitality Success – Trendy Kitchen & Bar
BusinessPlease quote reference B09722
CoGoGo is delighted to bring to the market Roslyn's Kitchen & Bar, a vibrant, independent café and restaurant that's quickly become a go-to destination in the heart of Streatham.
Blending expertly crafted coffee, indulgent brunches, fresh lunches and an inviting bar atmosphere, the business has built a strong reputation for quality food, warm hospitality and a stylish, community-focused setting.
Beautifully presented throughout, the venue offers around 45–50 covers and benefits from a valuable premises licence to serve alcohol, creating exciting opportunities for daytime dining, evening service, private events and themed nights.
The business enjoys a modern social media presence and has excellent potential to further develop delivery, corporate catering and evening trading. The sale is due to personal circumstances, presenting an outstanding turnkey opportunity for an enthusiastic owner-operator or experienced hospitality group.
Viewings to be arranged strictly by appointment only via CoGoGo!
Location
Occupying a prominent trading position on the bustling Streatham High Road, the business benefits from excellent passing footfall, strong local demographics and easy access to surrounding residential and commercial areas, making it a popular destination for both regular customers and visitors
Premises
A contemporary, fully fitted cafe, kitchen and bar presented to a high standard throughout. The premises feature stylish décor, an inviting dining area accommodating approximately 45–50 covers, a fully equipped commercial kitchen, customer WCs, licensed bar facilities and an attractive frontage that delivers excellent kerb appeal.
Tenure
Leasehold premises with approximately 5 years remaining on the current lease.
Current rent is £25,000 per annum.
Hours
The business currently trades:
Monday to Friday: 8:00 am to 6:00 pm
Saturday & Sunday: 8:00 am to 4:00 pm
Staff
The business is operated by 5 core members of staff, with additional student staff providing support during busier periods.
Financial Profile
We are advised that the business generates an annual turnover of approximately £250,000.
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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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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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Contact seller
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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