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Fully Fitted Bar & Kitchen for Sale in Tooting London

Tooting, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    655716

  • Leasehold: £28,000
  • Rent: £38,400 (£3,200 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Restaurant and wine bar
  • Well-reviewed food quality
  • Facilities for food service

Business Details

Fully Fitted Bar & Kitchen

We are excited to announce the opening of our new bar in the vibrant heart of central London. This charming establishment boasts an inviting atmosphere with the capacity to accommodate 60 guests in the evenings. Its versatility makes it an ideal choice for a family-run restaurant. The venue is fully equipped with a variety of essential amenities, including a well-stocked bar, refrigeration units, and a glass washer, providing an excellent turnkey opportunity for prospective owners.

This business, established just one year ago and owned for the past two years, has grown in popularity thanks to its prime location on Tooting Broadway. Surrounded by an array of shops, restaurants, and public services, the venue benefits from significant foot traffic, which is crucial for attracting customers. With the addition of well-reviewed food quality, diners are consistently impressed, making it a sought-after destination for both locals and visitors alike.

As part of the purchase, the price includes all existing fixtures and fittings, streamlining the transition for the new owner. The current owners have made the decision to sell as they have opened a new location in the city centre, creating an exciting opportunity for someone looking to step into a thriving business. Currently, the establishment employs two staff members, ensuring efficient service and maintaining the high standards that have earned it positive reviews.

Key Features of the Bar

This establishment presents numerous advantages, including: a restaurant and wine bar setup, commendable food quality that has garnered commendations from patrons, and comprehensive facilities tailored for food service. These attributes not only enhance the dining experience but also position the bar as a competitive player in the local hospitality market.

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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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