Fully fitted restaurant/bar/cafe for sale in West Ewell Surrey with 11-year lease available
West Ewell, SurreyEst. 8 years
- Status
FOR SALE
- Advert ID
655489
- Leasehold: £35,000 (Stock at valuation)
- Rent: £18,000 (£1,500 per month)
- Turnover: On request
- Profit: On request
Key Features
- Retirement sale opportunity
- Room for refurbishment or redevelopment
- Rustic yet modern decor
- Scarce competition in area
Business Details
Large fully fitted Restaurant Bar Cafe KT19 11 year lease
£35K O.N.O. – LARGE FULLY FITTED RESTAURANT / TAKEAWAY – KT19 – 11-YEAR LEASE
Fully fitted commercial premises with extensive fixtures & equipment included, existing late-night trading licence and premises alcohol licence. Currently operating as a pizzeria but suitable for a wide range of alternative businesses.
A fantastic opportunity to acquire a large, fully fitted commercial premises in the KT19 area, currently configured as a pizzeria/restaurant.
The premises benefit from an existing late-night trading licence and premises alcohol licence, making this an attractive opportunity for an incoming hospitality operator, subject to the relevant licensing, lease and landlord requirements.
The property offers an excellent opportunity for an existing operator looking to relocate or expand, or for someone wanting to establish a new hospitality, food, retail or other suitable business without the substantial cost of fitting out an empty premises.
KEY FEATURES
- Asking price: £35K O.N.O.
- Monthly rent: £1,500
- Approximately 11 years remaining on lease
- NO BUSINESS RATES
- Option to extend by addendum to lease
- Existing late-night trading licence
- Existing premises alcohol licence
- Parking available outside
- Large premises with approximately 30 table covers
- Large rear area of similar size, providing excellent preparation, storage and operational space
- Extensive commercial kitchen and restaurant equipment included
- Existing customer-facing restaurant fit-out
- 8-camera high-resolution CCTV system
- PA system with 8 speakers
- Large Mitsubishi air-conditioning unit
- Ready for a new operator to adapt to their own concept
POTENTIAL USES
Although currently fitted as a pizzeria, the premises could potentially suit a variety of businesses, subject to the relevant lease, landlord, planning and licensing requirements.
Potential uses could include:
- Restaurant
- Pizzeria
- Café
- Coffee shop
- Takeaway
- Deli
- Bakery
- Food business
- Convenience store
- Barber shop
- Retail business
- Other suitable hospitality or commercial uses
The existing late-night and alcohol licensing arrangements may be particularly attractive to hospitality operators wishing to establish or continue an evening trading operation.
EXTENSIVE EQUIPMENT & FIXTURES INCLUDED
The sale includes a substantial amount of commercial equipment and furnishings, including:
Kitchen / Food Preparation
- Wood-fired pizza oven
- Walk-in fridge
- Under-counter refrigerator
- Large upright freezer
- Chest deep freezer
- Topping counter
- Preparation counter with under-storage
- 4 stainless-steel preparation tables
- Deep-fat fryer
- Professional meat/deli slicer
- Microwave
- 7 shelving racks
Drinks / Coffee Equipment
- 4-chamber drinks machine
- Double-door drinks fridge
- Single-door drinks fridge
- 2 espresso machines
- Water boiler
Restaurant Furniture & Serving Equipment
- 9 tables
- 26 chairs
- Full cutlery sets
- Wooden serving boards
- Cups and glasses
- Wine and beer glasses
- Glassware sufficient for 40 covers
Technology & Infrastructure
- POS system
- CCTV system with 8 high-resolution cameras
- PA system with 8 speakers
- Large Mitsubishi air-conditioning unit
- Pizza delivery bags
LEASE & LICENSING
Rent: £1,500 per month
Lease remaining: Approximately 11 years
Extension: Option to extend by addendum to lease
Parking: Available outside the premises
Late-night trading: Existing licence
Alcohol: Existing premises licence
The purchaser should satisfy themselves regarding the terms, conditions, transferability and continuation of all licences, together with the lease, permitted use and any necessary landlord or regulatory consents.
PRICE
£35,000 O.N.O.
The price is negotiable for a genuine buyer, particularly where the buyer is in a position to proceed quickly.
This is an excellent opportunity to acquire a large, extensively equipped commercial premises with a long lease, existing late-night and alcohol licensing, parking and a substantial amount of equipment included.
A new operator could potentially save a significant amount on the cost of fitting out an empty commercial unit.
Viewings strictly by appointment. Serious enquiries only.
Please contact us for further information and to arrange a viewing.
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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.
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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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