FOR SALE
655757
My partner and I are experienced property professionals who ventured into the restaurant industry motivated by our passion for food. However, just four months after opening, we realised that managing a restaurant was not the right fit for us. During that time, we invested over £200,000 in renovating the premises, which we leased at a competitive rate of £1,500 per month—significantly less than the market value of £3,500, thanks to our friendship with the landlord and the terms negotiated during the pandemic. Now, having kept the restaurant closed for the past 15 months, we are finally advertising it for sale. Although we initially intended to open another business in the future, we are open to offers if someone is particularly interested in this establishment. We kindly request that potential buyers watch the video before scheduling a viewing.
This restaurant boasts a fully equipped commercial kitchen, featuring top-of-the-line stainless steel appliances and spacious work surfaces, ideal for any culinary operation. The modern dining area showcases stylish decor and comfortable seating, creating an inviting atmosphere for patrons. The restroom facilities are clean and well-maintained, ensuring a pleasant experience for guests. Additionally, there is a large cold storage unit available, enhancing inventory management. The property's prime location capitalises on high foot traffic and excellent street visibility, making it an attractive option for both seasoned restaurateurs and aspiring entrepreneurs.
Key Features of the Establishment
The restaurant comes with numerous advantages that will support any new business endeavour. These include adequate storage and stock management capabilities, an efficient air conditioning system, and ample refrigeration units to keep ingredients fresh. The vibrant ambiance, coupled with eye-catching shopfront signage, further enhances its appeal. For privacy and security, viewings are strictly by appointment only.
Additional Information
The business has been operational for a mere four months, and we have owned the premises for two years. Its proximity to Camden Market ensures a steady flow of customers, drawn to the area for its diverse shopping and dining options. Currently, there is no online presence associated with the restaurant, and fixtures and fittings will be included in the sale, as highlighted in our promotional video. Ultimately, the decision to sell stems from our understanding that we are not restaurateurs but rather property experts who attempted to indulge in a hobby.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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